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Intrasoft Technologies (NSE:ISFT) Days Inventory : 87.70 (As of Dec. 2023)


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What is Intrasoft Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intrasoft Technologies's Average Total Inventories for the three months ended in Dec. 2023 was ₹912 Mil. Intrasoft Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹949 Mil. Hence, Intrasoft Technologies's Days Inventory for the three months ended in Dec. 2023 was 87.70.

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

NSE:ISFT' s Days Inventory Range Over the Past 10 Years
Min: 3.2   Med: 44.37   Max: 105.68
Current: 88.73

During the past 13 years, Intrasoft Technologies's highest Days Inventory was 105.68. The lowest was 3.20. And the median was 44.37.

NSE:ISFT's Days Inventory is ranked better than
59.36% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs NSE:ISFT: 88.73

Intrasoft Technologies's Days Inventory declined from Dec. 2022 (88.21) to Dec. 2023 (87.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Intrasoft Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 1.04.

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. Intrasoft Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.74.


Intrasoft Technologies Days Inventory Historical Data

The historical data trend for Intrasoft 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.

Intrasoft Technologies Days Inventory Chart

Intrasoft 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 57.56 82.80 81.34 105.68 92.21

Intrasoft Technologies 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 88.21 89.23 87.34 90.58 87.70

Competitive Comparison of Intrasoft Technologies's Days Inventory

For the Internet Retail subindustry, Intrasoft 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.


Intrasoft Technologies's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Intrasoft Technologies's Days Inventory distribution charts can be found below:

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



Intrasoft Technologies Days Inventory Calculation

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

Intrasoft 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
=( (869.11 + 872.188) / 2 ) / 3446.167*365
=870.649 / 3446.167*365
=92.21

Intrasoft 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (911.946 + 0) / 1 ) / 948.894*365 / 4
=911.946 / 948.894*365 / 4
=87.70

* 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.


Intrasoft Technologies  (NSE:ISFT) 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.

Intrasoft 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.

Intrasoft 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.


Intrasoft Technologies Days Inventory Related Terms

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


Intrasoft Technologies (NSE:ISFT) Business Description

Traded in Other Exchanges
Address
145, Rash Behari Avenue, Suite 301, Kolkata, WB, IND, 700029
Intrasoft Technologies Ltd is engaged in the retail sale of products and services through the internet. It sells its products through its e-commerce retail platform. Its product profile includes furniture, patio, lawn and garden, musical instruments and gadgets, and art crafts, sports and outdoor, toys, games, kitchen and dining appliances. The majority of the revenue is generated from outside India. It generates revenue from a single business segment of Internet Based Delivery of Services.

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