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Black Box (BOM:500463) Days Inventory : 21.55 (As of Dec. 2023)


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What is Black Box Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Black Box's Average Total Inventories for the three months ended in Dec. 2023 was ₹3,409 Mil. Black Box's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹14,433 Mil. Hence, Black Box's Days Inventory for the three months ended in Dec. 2023 was 21.55.

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

BOM:500463' s Days Inventory Range Over the Past 10 Years
Min: 14.68   Med: 21.08   Max: 80.25
Current: 23.02

During the past 13 years, Black Box's highest Days Inventory was 80.25. The lowest was 14.68. And the median was 21.08.

BOM:500463's Days Inventory is ranked worse than
53.18% of 1559 companies
in the Software industry
Industry Median: 19.53 vs BOM:500463: 23.02

Black Box's Days Inventory declined from Dec. 2022 (22.41) to Dec. 2023 (21.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Black Box's Inventory Turnover for the three months ended in Dec. 2023 was 4.23.

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. Black Box's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.21.


Black Box Days Inventory Historical Data

The historical data trend for Black Box'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.

Black Box Days Inventory Chart

Black Box 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 33.44 21.83 24.30 14.68 19.12

Black Box 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 22.41 22.37 23.95 22.71 21.55

Competitive Comparison of Black Box's Days Inventory

For the Software - Application subindustry, Black Box'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.


Black Box's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Black Box's Days Inventory falls into.



Black Box Days Inventory Calculation

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

Black Box'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
=( (2259.4 + 3620) / 2 ) / 56133*365
=2939.7 / 56133*365
=19.12

Black Box'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
=( (3408.7 + 0) / 1 ) / 14432.6*365 / 4
=3408.7 / 14432.6*365 / 4
=21.55

* 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.


Black Box  (BOM:500463) 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.

Black Box'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.

Black Box'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.


Black Box Days Inventory Related Terms

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


Black Box (BOM:500463) Business Description

Traded in Other Exchanges
Address
Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708
Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are System Integration (SI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure and data center, cyber security (CYBER-i), and digital transformation and applications.

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