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G Tec Jainx Education (NSE:GTECJAINX) Days Inventory : 14.59 (As of Sep. 2023)


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What is G Tec Jainx Education Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). G Tec Jainx Education's Average Total Inventories for the three months ended in Sep. 2023 was ₹0.70 Mil. G Tec Jainx Education's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹4.40 Mil. Hence, G Tec Jainx Education's Days Inventory for the three months ended in Sep. 2023 was 14.59.

The historical rank and industry rank for G Tec Jainx Education's Days Inventory or its related term are showing as below:

NSE:GTECJAINX' s Days Inventory Range Over the Past 10 Years
Min: 10.59   Med: 40.27   Max: 53.51
Current: 22.23

During the past 7 years, G Tec Jainx Education's highest Days Inventory was 53.51. The lowest was 10.59. And the median was 40.27.

NSE:GTECJAINX's Days Inventory is ranked worse than
71.34% of 157 companies
in the Education industry
Industry Median: 8.13 vs NSE:GTECJAINX: 22.23

G Tec Jainx Education's Days Inventory increased from Jun. 2022 (9.09) to Sep. 2023 (14.59). It might indicate that G Tec Jainx Education's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. G Tec Jainx Education's Inventory Turnover for the three months ended in Sep. 2023 was 6.26.

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. G Tec Jainx Education's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.04.


G Tec Jainx Education Days Inventory Historical Data

The historical data trend for G Tec Jainx Education'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.

G Tec Jainx Education Days Inventory Chart

G Tec Jainx Education Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 45.58 31.70 40.43 18.55 10.59

G Tec Jainx Education Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 9.09 7.40 6.65 35.61 14.59

Competitive Comparison of G Tec Jainx Education's Days Inventory

For the Education & Training Services subindustry, G Tec Jainx Education'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.


G Tec Jainx Education's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, G Tec Jainx Education's Days Inventory distribution charts can be found below:

* The bar in red indicates where G Tec Jainx Education's Days Inventory falls into.



G Tec Jainx Education Days Inventory Calculation

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

G Tec Jainx Education'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
=( (0.384 + 0.336) / 2 ) / 12.403*365
=0.36 / 12.403*365
=10.59

G Tec Jainx Education's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.336 + 1.069) / 2 ) / 4.395*365 / 4
=0.7025 / 4.395*365 / 4
=14.59

* 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.


G Tec Jainx Education  (NSE:GTECJAINX) 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.

G Tec Jainx Education's Inventory Turnover for the three months ended in Sep. 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.

G Tec Jainx Education's Inventory to Revenue for the three months ended in Sep. 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.


G Tec Jainx Education Days Inventory Related Terms

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G Tec Jainx Education (NSE:GTECJAINX) Business Description

Traded in Other Exchanges
N/A
Address
Pinnacle Corporate Park, Bandra Kurla Complex, Unit No. 12/A, Ninth Floor, A?Wing, Bandra East, Mumbai, MH, IND, 400051
G Tec Jainx Education Ltd Formerly Keerti Knowledge and Skills Ltd operates as an Information Technology training institute. The company's services include basic computer knowledge, internet, surfing, computer courses like Microsoft Office, accounting and financial management, inventory management, also various Programming Languages such as C++, .Net, Java, and Oracle, among others.

G Tec Jainx Education (NSE:GTECJAINX) Headlines

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