SoftTech Engineers (NSE:SOFTTECH) Days Inventory : 0.00 (As of Mar. 2024)

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What is SoftTech Engineers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SoftTech Engineers's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.0 Mil. SoftTech Engineers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹90.9 Mil. Hence, SoftTech Engineers's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for SoftTech Engineers's Days Inventory or its related term are showing as below:

NSE:SOFTTECH's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.935
* Ranked among companies with meaningful Days Inventory only.

SoftTech Engineers's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. SoftTech Engineers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

SoftTech Engineers Days Inventory Historical Data

The historical data trend for SoftTech Engineers'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.

SoftTech Engineers Days Inventory Chart

SoftTech Engineers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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SoftTech Engineers Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SoftTech Engineers's Days Inventory

For the Software - Application subindustry, SoftTech Engineers'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.

SoftTech Engineers's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, SoftTech Engineers's Days Inventory distribution charts can be found below:

* The bar in red indicates where SoftTech Engineers's Days Inventory falls into.

SoftTech Engineers Days Inventory Calculation

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

SoftTech Engineers'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	+	0)	/	1 )	/	330.649	*	365
=	0					/	330.649	*	365
=	0.00

SoftTech Engineers's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	90.889	*	365 / 4
=	0					/	90.889	*	365 / 4
=	0.00

SoftTech Engineers (NSE:SOFTTECH) 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.

SoftTech Engineers's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	90.889	/	0
	=

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.

SoftTech Engineers's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	223.645
	=	0.00

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.

SoftTech Engineers Days Inventory Related Terms

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

SoftTech Engineers (NSE:SOFTTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoftTech Engineers Ltd (NSE:SOFTTECH) » Definitions » Days Inventory

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543470:India

Address

Baner Road, SoftTech Towers, S NO 1/1A/7 8 15 16 17 Plot No. B,C,D, 1-Baner, Opposite Royal Enfield Showroom, Pune, MH, IND, 411045

Website

https://www.softtech-engr.com

SoftTech Engineers Ltd is a software product company. The company develops software and intellectual property in the architecture, engineering, and construction (AEC) domains. Its product includes AutoDCR; PWIMS; Opticon; BIMDCR; and RuleBuddy. The company serves large infrastructure; real estate; government organizations and consultants companies. Geographically, it operates only in India.

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