Zaggle Prepaid Ocean Services (NSE:ZAGGLE) Days Inventory : 0.36 (As of Dec. 2024)

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What is Zaggle Prepaid Ocean Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zaggle Prepaid Ocean Services's Average Total Inventories for the three months ended in Dec. 2024 was ₹8 Mil. Zaggle Prepaid Ocean Services's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,029 Mil. Hence, Zaggle Prepaid Ocean Services's Days Inventory for the three months ended in Dec. 2024 was 0.36.

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

NSE:ZAGGLE' s Days Inventory Range Over the Past 10 Years
Min: 0.11 Med: 0.4 Max: 0.96
Current: 0.24

During the past 5 years, Zaggle Prepaid Ocean Services's highest Days Inventory was 0.96. The lowest was 0.11. And the median was 0.40.

NSE:ZAGGLE's Days Inventory is ranked better than
95.41% of 1567 companies
in the Software industry
Industry Median: 19.2 vs NSE:ZAGGLE: 0.24

Zaggle Prepaid Ocean Services's Days Inventory increased from Dec. 2023 (0.06) to Dec. 2024 (0.36). It might indicate that Zaggle Prepaid Ocean Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zaggle Prepaid Ocean Services's Inventory Turnover for the three months ended in Dec. 2024 was 254.26.

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. Zaggle Prepaid Ocean Services's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Zaggle Prepaid Ocean Services Days Inventory Historical Data

The historical data trend for Zaggle Prepaid Ocean 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.

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Zaggle Prepaid Ocean Services Days Inventory Chart

Zaggle Prepaid Ocean Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

0.40

0.96

0.41

0.11

0.19

Zaggle Prepaid Ocean Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial								0.06	0.28	0.26	0.40	0.36

Competitive Comparison of Zaggle Prepaid Ocean Services's Days Inventory

For the Software - Infrastructure subindustry, Zaggle Prepaid Ocean 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.

Zaggle Prepaid Ocean Services's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Zaggle Prepaid Ocean Services's Days Inventory falls into.

Zaggle Prepaid Ocean Services Days Inventory Calculation

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

Zaggle Prepaid Ocean 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
=	( (0.97	+	3.58)	/	2 )	/	4286.07	*	365
=	2.275					/	4286.07	*	365
=	0.19

Zaggle Prepaid Ocean Services's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (7.98	+	0)	/	1 )	/	2028.97	*	365 / 4
=	7.98					/	2028.97	*	365 / 4
=	0.36

Zaggle Prepaid Ocean Services (NSE:ZAGGLE) 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.

Zaggle Prepaid Ocean Services's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2028.97	/	7.98
	=	254.26

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.

Zaggle Prepaid Ocean Services's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.98	/	3368.87
	=	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.

Zaggle Prepaid Ocean Services Days Inventory Related Terms

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Zaggle Prepaid Ocean Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zaggle Prepaid Ocean Services Ltd (NSE:ZAGGLE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

543985:India

Address

C.T.S. No. 4A, Boomerang Building, Ground Floor, B-1004, Village Saki Naka, Taluka Kurla, Andheri (East), District Mumbai Suburban, Mumbai, MH, IND, 400072

Website

https://www.zaggle.in

Zaggle Prepaid Ocean Services Ltd is into spend management, with a differentiated value proposition and diversified user base. It offers a diversified portfolio of SaaS, including tax and payroll software. The company's core product portfolio includes; Propel, a SaaS platform for channel partner rewards and incentives, employee rewards and recognition; SAVE, a SaaS-based platform for employee expense management, reimbursements and benefits; and Zoyer, an integrated data driven SaaS-based procure-to-pay and utility payment platform. The company's operating segments are based on the nature of the products and services provided and include; Propel platform revenue/gift cards which derives maximum revenue, Platform fee/SaaS fee/Service fee, and Program fee.

Zaggle Prepaid Ocean Services Headlines

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