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MPS Infotecnics (BOM:532411) Days Inventory : 34,640.76 (As of Dec. 2023)


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What is MPS Infotecnics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MPS Infotecnics's Average Total Inventories for the three months ended in Dec. 2023 was ₹622.21 Mil. MPS Infotecnics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.64 Mil. Hence, MPS Infotecnics's Days Inventory for the three months ended in Dec. 2023 was 34,640.76.

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

BOM:532411' s Days Inventory Range Over the Past 10 Years
Min: 74.89   Med: 799.69   Max: 38787.02
Current: 30500.25

During the past 13 years, MPS Infotecnics's highest Days Inventory was 38787.02. The lowest was 74.89. And the median was 799.69.

BOM:532411's Days Inventory is ranked worse than
99.68% of 1561 companies
in the Software industry
Industry Median: 19.53 vs BOM:532411: 30500.25

MPS Infotecnics's Days Inventory declined from Dec. 2022 (37,700.00) to Dec. 2023 (34,640.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. MPS Infotecnics's Inventory Turnover for the three months ended in Dec. 2023 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. MPS Infotecnics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 513.79.


MPS Infotecnics Days Inventory Historical Data

The historical data trend for MPS Infotecnics'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.

MPS Infotecnics Days Inventory Chart

MPS Infotecnics 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 1,309.31 2,635.99 38,787.02 33,779.85 32,724.04

MPS Infotecnics 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 37,700.00 29,463.52 34,810.67 25,245.09 34,640.76

Competitive Comparison of MPS Infotecnics's Days Inventory

For the Information Technology Services subindustry, MPS Infotecnics'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.


MPS Infotecnics's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where MPS Infotecnics's Days Inventory falls into.



MPS Infotecnics Days Inventory Calculation

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

MPS Infotecnics'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
=( (622.205 + 622.205) / 2 ) / 6.94*365
=622.205 / 6.94*365
=32,724.04

MPS Infotecnics'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
=( (622.205 + 0) / 1 ) / 1.639*365 / 4
=622.205 / 1.639*365 / 4
=34,640.76

* 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.


MPS Infotecnics  (BOM:532411) 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.

MPS Infotecnics'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.

MPS Infotecnics'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.


MPS Infotecnics Days Inventory Related Terms

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


MPS Infotecnics (BOM:532411) Business Description

Traded in Other Exchanges
Address
19, Barakhamba Road, 703, Arunachal Building, Connaught Place, New Delhi, IND, 110001
MPS Infotecnics Ltd is operating in India. It is engaged in IT Solutions & Products, IT Enabled Services and Telecommunication. IT Solutions & Products, which comprise of Computer Hardware and peripherals, System Integration and Networking Solutions (Including Hardware), Enterprise Software, Trading of UID Kit. IT Enabled Services comprising of domain registration, web hosting, value-added services, site builder tool, site design, consulting services, and infrastructure services. Telecommunication comprising of VAS & Bill Payments, Trading in Air time and other mobile application.

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