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GlobalSpace Technologies (BOM:540654) Days Inventory : 99.33 (As of Dec. 2023)


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What is GlobalSpace Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GlobalSpace Technologies's Average Total Inventories for the three months ended in Dec. 2023 was ₹61.6 Mil. GlobalSpace Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹56.6 Mil. Hence, GlobalSpace Technologies's Days Inventory for the three months ended in Dec. 2023 was 99.33.

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

BOM:540654' s Days Inventory Range Over the Past 10 Years
Min: 102.23   Med: 173.36   Max: 1302.74
Current: 271.74

During the past 11 years, GlobalSpace Technologies's highest Days Inventory was 1302.74. The lowest was 102.23. And the median was 173.36.

BOM:540654's Days Inventory is ranked worse than
94.3% of 1561 companies
in the Software industry
Industry Median: 19.46 vs BOM:540654: 271.74

GlobalSpace Technologies's Days Inventory declined from Jun. 2022 (1,107.19) to Dec. 2023 (99.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. GlobalSpace Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.92.

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. GlobalSpace Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.79.


GlobalSpace Technologies Days Inventory Historical Data

The historical data trend for GlobalSpace Technologies'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.

GlobalSpace Technologies Days Inventory Chart

GlobalSpace Technologies 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 127.81 125.34 172.87 1,302.74 206.81

GlobalSpace Technologies Quarterly Data
Mar18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1,107.19 217.78 143.59 170.50 99.33

Competitive Comparison of GlobalSpace Technologies's Days Inventory

For the Software - Application subindustry, GlobalSpace Technologies'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.


GlobalSpace Technologies's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where GlobalSpace Technologies's Days Inventory falls into.



GlobalSpace Technologies Days Inventory Calculation

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

GlobalSpace Technologies'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
=( (67.208 + 61.57) / 2 ) / 113.643*365
=64.389 / 113.643*365
=206.81

GlobalSpace Technologies'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: Mar. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (61.57 + 0) / 1 ) / 56.564*365 / 4
=61.57 / 56.564*365 / 4
=99.33

* 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.


GlobalSpace Technologies  (BOM:540654) 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.

GlobalSpace Technologies'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.

GlobalSpace Technologies'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.


GlobalSpace Technologies Days Inventory Related Terms

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


GlobalSpace Technologies (BOM:540654) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 605, A-1, B-Wing, Rupa Solitaire Building, 6th Floor, Sec-1, Millennium Business Park, MIDC, Mahape, Navi Mumbai, MH, IND, 400710
GlobalSpace Technologies Ltd is a software product company and an enterprise mobility solutions provider. The company provides technology-enabled business enhancement solutions. It serves pharma; BSFI; Education and other enterprises, Mobiles development, Website development, ERP software development, etc. The company generates revenue from the sale of products including accessories, Software, Professional fees, and others.

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