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Cranes Software International (BOM:512093) Days Inventory : 0.18 (As of Dec. 2023)


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What is Cranes Software International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cranes Software International's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.04 Mil. Cranes Software International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹18.71 Mil. Hence, Cranes Software International's Days Inventory for the three months ended in Dec. 2023 was 0.18.

The historical rank and industry rank for Cranes Software International's Days Inventory or its related term are showing as below:

BOM:512093' s Days Inventory Range Over the Past 10 Years
Min: 0.22   Med: 3.35   Max: 5.37
Current: 0.24

During the past 13 years, Cranes Software International's highest Days Inventory was 5.37. The lowest was 0.22. And the median was 3.35.

BOM:512093's Days Inventory is ranked better than
95.39% of 1561 companies
in the Software industry
Industry Median: 19.53 vs BOM:512093: 0.24

Cranes Software International's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (0.18). It might indicate that Cranes Software International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cranes Software International's Inventory Turnover for the three months ended in Dec. 2023 was 505.70.

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. Cranes Software International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Cranes Software International Days Inventory Historical Data

The historical data trend for Cranes Software International'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.

Cranes Software International Days Inventory Chart

Cranes Software International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.22

Cranes Software International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.71 0.20 0.20 0.18

Competitive Comparison of Cranes Software International's Days Inventory

For the Software - Application subindustry, Cranes Software International'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.


Cranes Software International's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Cranes Software International's Days Inventory falls into.



Cranes Software International Days Inventory Calculation

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

Cranes Software International's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0.037) / 1 ) / 62.574*365
=0.037 / 62.574*365
=0.22

Cranes Software International's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.037 + 0) / 1 ) / 18.711*365 / 4
=0.037 / 18.711*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.


Cranes Software International  (BOM:512093) 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.

Cranes Software International's Inventory Turnover for the three months ended in Dec. 2023 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.

Cranes Software International's Inventory to Revenue for the three months ended in Dec. 2023 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.


Cranes Software International Days Inventory Related Terms

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


Cranes Software International (BOM:512093) Business Description

Traded in Other Exchanges
N/A
Address
St. Marks Road, 3rd and 4th Floor, No. 82, Presidency Building, Bangalore, KA, IND, 560 001
Cranes Software International Ltd provides Enterprise Statistical Analytics and Engineering Simulation Software Products and Solutions. It offers products such as SYSTAT, SigmaPlot, SigmaStat, SigmaScan, TableCurve 2D, TableCurve 3D, PeakFit, NISA, iCapella, InventX, and others. The company has a presence in the USA, UK, Germany, Singapore, Poland, Norway, Spain, Italy, South Africa, Russia, and other countries.

Cranes Software International (BOM:512093) Headlines

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