Persistent Systems (NSE:PERSISTENT) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Persistent Systems Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Persistent Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹18,936 Mil. Persistent Systems's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Persistent Systems's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Persistent Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Persistent Systems Inventory Turnover Historical Data

The historical data trend for Persistent Systems's Inventory Turnover 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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Persistent Systems Inventory Turnover Chart

Persistent Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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Persistent Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Persistent Systems Inventory Turnover Calculation

Persistent Systems's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	71102.4	/ (	(0	+	0)	/	1 )
=	71102.4	/	0
=	N/A

Persistent Systems's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	18935.57	/ (	(0	+	0)	/	1 )
=	18935.57	/	0
=	N/A

Persistent Systems (NSE:PERSISTENT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Persistent Systems's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	18935.57	*	365 / 4
	=	0.00

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.

Persistent Systems's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	25905.26
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Persistent Systems Inventory Turnover Related Terms

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Persistent Systems (NSE:PERSISTENT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Persistent Systems Ltd (NSE:PERSISTENT) » Definitions » Inventory Turnover

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533179:India

Address

402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016

Website

https://www.persistent.com

Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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