GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virgo Global Ltd (BOM:532354) » Definitions » Days Inventory

Virgo Global (BOM:532354) Days Inventory : 7.78 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Virgo Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Virgo Global's Average Total Inventories for the three months ended in Dec. 2023 was ₹17.0 Mil. Virgo Global's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹198.9 Mil. Hence, Virgo Global's Days Inventory for the three months ended in Dec. 2023 was 7.78.

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

BOM:532354' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 8.51   Max: 36.43
Current: 7.6

During the past 13 years, Virgo Global's highest Days Inventory was 36.43. The lowest was 0.03. And the median was 8.51.

BOM:532354's Days Inventory is ranked better than
98.38% of 2407 companies
in the Hardware industry
Industry Median: 101.61 vs BOM:532354: 7.60

Virgo Global's Days Inventory increased from Dec. 2022 (0.01) to Dec. 2023 (7.78). It might indicate that Virgo Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Virgo Global's Inventory Turnover for the three months ended in Dec. 2023 was 11.73.

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. Virgo Global's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.


Virgo Global Days Inventory Historical Data

The historical data trend for Virgo Global'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.

Virgo Global Days Inventory Chart

Virgo Global 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 8.51 36.43 8.25 0.03 18.83

Virgo Global 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 0.01 18.82 38.33 4.42 7.78

Competitive Comparison of Virgo Global's Days Inventory

For the Computer Hardware subindustry, Virgo Global'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.


Virgo Global's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virgo Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Virgo Global's Days Inventory falls into.



Virgo Global Days Inventory Calculation

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

Virgo Global'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
=( (0.006 + 31.516) / 2 ) / 305.5*365
=15.761 / 305.5*365
=18.83

Virgo Global'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
=( (16.951 + 0) / 1 ) / 198.906*365 / 4
=16.951 / 198.906*365 / 4
=7.78

* 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.


Virgo Global  (BOM:532354) 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.

Virgo Global'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.

Virgo Global'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.


Virgo Global Days Inventory Related Terms

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


Virgo Global (BOM:532354) Business Description

Traded in Other Exchanges
N/A
Address
3-45-117, Plot No. A-23, F.No.G-1 Vikrampuri Colony, Kakaguda, Karkhana, Secunderabad, Hyderabad, TG, IND, 500009
Virgo Global Ltd is engaged in manufacturing, trading, dealing, and maintaining computer hardware and software, computer systems, and assembling data processors and program designs. It also buys and sells hardware and software packages and all types of tabulating machine, accounting machines, calculators, computerized telecommunication systems and network, their components, spare parts, equipment, and devices.

Virgo Global (BOM:532354) Headlines

No Headlines