63 Moons Technologies (BOM:526881) Days Inventory : 0.00 (As of Mar. 2024)

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What is 63 Moons Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 63 Moons Technologies's Average Total Inventories for the three months ended in Mar. 2024 was ₹0 Mil. 63 Moons Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹481 Mil. Hence, 63 Moons Technologies's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for 63 Moons Technologies's Days Inventory or its related term are showing as below:

During the past 13 years, 63 Moons Technologies's highest Days Inventory was 433626.29. The lowest was 0.03. And the median was 2.12.

BOM:526881's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.085
* Ranked among companies with meaningful Days Inventory only.

63 Moons Technologies's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. 63 Moons Technologies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

63 Moons Technologies Days Inventory Historical Data

The historical data trend for 63 Moons 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.

63 Moons Technologies Days Inventory Chart

63 Moons Technologies Annual Data

Trend

Mar15

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Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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0.03

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

Competitive Comparison of 63 Moons Technologies's Days Inventory

For the Software - Application subindustry, 63 Moons 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.

63 Moons Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, 63 Moons Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where 63 Moons Technologies's Days Inventory falls into.

63 Moons Technologies Days Inventory Calculation

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

63 Moons Technologies's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1945.738	*	365
=	0					/	1945.738	*	365
=	0.00

63 Moons Technologies's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	480.556	*	365 / 4
=	0					/	480.556	*	365 / 4
=	0.00

63 Moons Technologies (BOM:526881) 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.

63 Moons Technologies's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	480.556	/	0
	=

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.

63 Moons Technologies's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	374.378
	=	0.00

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.

63 Moons Technologies Days Inventory Related Terms

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63 Moons Technologies (BOM:526881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 63 Moons Technologies Ltd (BOM:526881) » Definitions » Days Inventory

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63MOONS:India

Address

Suren Road, FT Tower, CTS No. 256 and 257, Chakala, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.63moons.com

63 Moons Technologies Ltd is a company that is involved in the business of offering technology intellectual property and domain expertise to create and trade on next-generation financial markets across all asset classes including equities, commodities, currencies, and bonds among others. Its products and solutions portfolio includes exchange technology solutions, brokerage technology solutions, and risk solutions. The company's business segments include Straight Through Processing (STP) technologies and solutions and Others. It derives the majority of its revenues from STP technologies and solutions segment.

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