ROX Hi-Tech (NSE:ROXHITECH) Days Inventory : 0.00 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is ROX Hi-Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ROX Hi-Tech's Average Total Inventories for the three months ended in Sep. 2024 was ₹510.8 Mil. ROX Hi-Tech's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹0.0 Mil.

The historical rank and industry rank for ROX Hi-Tech's Days Inventory or its related term are showing as below:

NSE:ROXHITECH' s Days Inventory Range Over the Past 10 Years
Min: 38.57 Med: 64.31 Max: 234.6
Current: 234.6

During the past 4 years, ROX Hi-Tech's highest Days Inventory was 234.60. The lowest was 38.57. And the median was 64.31.

NSE:ROXHITECH's Days Inventory is ranked worse than
92.84% of 1593 companies
in the Software industry
Industry Median: 20.5 vs NSE:ROXHITECH: 234.60

ROX Hi-Tech's Days Inventory stayed the same from Mar. 2023 (0.00) to Sep. 2024 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. ROX Hi-Tech's Inventory Turnover for the three months ended in Sep. 2024 was 0.00.

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.

ROX Hi-Tech Days Inventory Historical Data

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech Days Inventory Chart

ROX Hi-Tech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

60.63

38.57

67.98

94.67

ROX Hi-Tech Quarterly Data
	Mar21	Mar22	Mar23	Jul23	Dec23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial			-	-	126.43	74.44	-

Competitive Comparison of ROX Hi-Tech's Days Inventory

For the Information Technology Services subindustry, ROX Hi-Tech'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.

ROX Hi-Tech's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, ROX Hi-Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where ROX Hi-Tech's Days Inventory falls into.

Save Embed

;

Save Embed

;

ROX Hi-Tech Days Inventory Calculation

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

ROX Hi-Tech'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
=	( (300.596	+	421.259)	/	2 )	/	1391.605	*	365
=	360.9275					/	1391.605	*	365
=	94.67

ROX Hi-Tech's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (421.259	+	600.28)	/	2 )	/	0	*	365 / 4
=	510.7695					/	0	*	365 / 4
=	N/A

ROX Hi-Tech (NSE:ROXHITECH) 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.

ROX Hi-Tech's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	510.7695
	=	0.00

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.

ROX Hi-Tech's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	510.7695	/	0
	=

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.

ROX Hi-Tech Days Inventory Related Terms

Thank you for viewing the detailed overview of ROX Hi-Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

ROX Hi-Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ROX Hi-Tech Ltd (NSE:ROXHITECH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.rox.co.in

ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

ROX Hi-Tech Headlines

No Headlines