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DC Infotech And Communication (NSE:DCI) Days Inventory : 62.82 (As of Dec. 2023)


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What is DC Infotech And Communication Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DC Infotech And Communication's Average Total Inventories for the three months ended in Dec. 2023 was ₹645 Mil. DC Infotech And Communication's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹937 Mil. Hence, DC Infotech And Communication's Days Inventory for the three months ended in Dec. 2023 was 62.82.

The historical rank and industry rank for DC Infotech And Communication's Days Inventory or its related term are showing as below:

NSE:DCI' s Days Inventory Range Over the Past 10 Years
Min: 49.91   Med: 63.16   Max: 73.28
Current: 54.55

During the past 7 years, DC Infotech And Communication's highest Days Inventory was 73.28. The lowest was 49.91. And the median was 63.16.

NSE:DCI's Days Inventory is ranked better than
79.1% of 2407 companies
in the Hardware industry
Industry Median: 101.61 vs NSE:DCI: 54.55

DC Infotech And Communication's Days Inventory increased from Dec. 2022 (56.32) to Dec. 2023 (62.82). It might indicate that DC Infotech And Communication's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. DC Infotech And Communication's Inventory Turnover for the three months ended in Dec. 2023 was 1.45.

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. DC Infotech And Communication's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


DC Infotech And Communication Days Inventory Historical Data

The historical data trend for DC Infotech And Communication'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.

DC Infotech And Communication Days Inventory Chart

DC Infotech And Communication Annual Data
Trend Mar17 Mar18 Feb19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial - 67.94 71.88 58.38 49.91

DC Infotech And Communication Quarterly Data
Mar17 Mar18 Mar19 Jun19 Mar20 Mar21 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 56.32 55.27 57.93 57.80 62.82

Competitive Comparison of DC Infotech And Communication's Days Inventory

For the Electronics & Computer Distribution subindustry, DC Infotech And Communication'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.


DC Infotech And Communication's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DC Infotech And Communication's Days Inventory distribution charts can be found below:

* The bar in red indicates where DC Infotech And Communication's Days Inventory falls into.



DC Infotech And Communication Days Inventory Calculation

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

DC Infotech And Communication'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
=( (366.54 + 542.286) / 2 ) / 3323.264*365
=454.413 / 3323.264*365
=49.91

DC Infotech And Communication'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
=( (645.015 + 0) / 1 ) / 936.981*365 / 4
=645.015 / 936.981*365 / 4
=62.82

* 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.


DC Infotech And Communication  (NSE:DCI) 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.

DC Infotech And Communication'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.

DC Infotech And Communication'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.


DC Infotech And Communication Days Inventory Related Terms

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


DC Infotech And Communication (NSE:DCI) Business Description

Traded in Other Exchanges
Address
Mogra Road, Unit No. 2, Aristocrate, Ground Floor, Lajya Compound, Andheri (East), Mumbai, MH, IND, 400069
DC Infotech And Communication Ltd is an IT Solution distribution company. The company has two operating segments; Products, and Security Software and services covering products like cabinets, motherboards, networking, security, surveillance, wireless, broadband, digital signage, firewalls, desktop virtualization, power solutions, and other solutions like network performance, digital performance, cloud security, enterprise security solutions, and other services pertaining to IT networking, security, and unified communication solutions.