GURUFOCUS.COM » STOCK LIST » Technology » Software » Reliable Data Services Ltd (NSE:RELIABLE) » Definitions » Days Inventory

Reliable Data Services (NSE:RELIABLE) Days Inventory : 0.18 (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Reliable Data Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reliable Data Services's Average Total Inventories for the three months ended in Jun. 2024 was ₹0.1 Mil. Reliable Data Services's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹41.5 Mil. Hence, Reliable Data Services's Days Inventory for the three months ended in Jun. 2024 was 0.18.

The historical rank and industry rank for Reliable Data Services's Days Inventory or its related term are showing as below:

NSE:RELIABLE' s Days Inventory Range Over the Past 10 Years
Min: 0.19   Med: 0.9   Max: 1.54
Current: 0.19

During the past 12 years, Reliable Data Services's highest Days Inventory was 1.54. The lowest was 0.19. And the median was 0.90.

NSE:RELIABLE's Days Inventory is ranked better than
96.41% of 1560 companies
in the Software industry
Industry Median: 18.69 vs NSE:RELIABLE: 0.19

Reliable Data Services's Days Inventory declined from Jun. 2023 (0.22) to Jun. 2024 (0.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliable Data Services's Inventory Turnover for the three months ended in Jun. 2024 was 512.62.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Reliable Data Services's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.00.


Reliable Data Services Days Inventory Historical Data

The historical data trend for Reliable Data Services's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliable Data Services Days Inventory Chart

Reliable Data Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.54 1.24 0.56 0.20

Reliable Data Services Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.19 0.16 0.32 0.18

Competitive Comparison of Reliable Data Services's Days Inventory

For the Information Technology Services subindustry, Reliable Data Services's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliable Data Services's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Reliable Data Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Reliable Data Services's Days Inventory falls into.



Reliable Data Services Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Reliable Data Services's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.081 + 0.081) / 2 ) / 144.25*365
=0.081 / 144.25*365
=0.20

Reliable Data Services's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.081 + 0) / 1 ) / 41.522*365 / 4
=0.081 / 41.522*365 / 4
=0.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reliable Data Services  (NSE:RELIABLE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Reliable Data Services's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Reliable Data Services's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Reliable Data Services Days Inventory Related Terms

Thank you for viewing the detailed overview of Reliable Data Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliable Data Services Business Description

Traded in Other Exchanges
Address
C-70, Sector - 2, Noida, UP, IND, 201301
Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment makes majority of its revenue for the company. The company provides transaction processing services and payroll services as well.

Reliable Data Services Headlines

No Headlines