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Zen Technologies (BOM:533339) Days Inventory : 213.90 (As of Mar. 2024)


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What is Zen Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zen Technologies's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,691 Mil. Zen Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹721 Mil. Hence, Zen Technologies's Days Inventory for the three months ended in Mar. 2024 was 213.90.

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

BOM:533339' s Days Inventory Range Over the Past 10 Years
Min: 99.13   Med: 187.63   Max: 420.9
Current: 163.06

During the past 13 years, Zen Technologies's highest Days Inventory was 420.90. The lowest was 99.13. And the median was 187.63.

BOM:533339's Days Inventory is ranked worse than
55.02% of 289 companies
in the Aerospace & Defense industry
Industry Median: 139.54 vs BOM:533339: 163.06

Zen Technologies's Days Inventory increased from Mar. 2023 (99.34) to Mar. 2024 (213.90). It might indicate that Zen Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zen Technologies's Inventory Turnover for the three months ended in Mar. 2024 was 0.43.

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. Zen Technologies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.20.


Zen Technologies Days Inventory Historical Data

The historical data trend for Zen 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.

Zen Technologies Days Inventory Chart

Zen Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.52 404.07 420.90 124.46 201.58

Zen 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 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 99.34 97.09 121.56 95.77 213.90

Competitive Comparison of Zen Technologies's Days Inventory

For the Aerospace & Defense subindustry, Zen 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.


Zen Technologies's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Zen Technologies's Days Inventory distribution charts can be found below:

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



Zen Technologies Days Inventory Calculation

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

Zen 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
=( (489.996 + 1690.787) / 2 ) / 1974.371*365
=1090.3915 / 1974.371*365
=201.58

Zen 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 + 1690.787) / 1 ) / 721.301*365 / 4
=1690.787 / 721.301*365 / 4
=213.90

* 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.


Zen Technologies  (BOM:533339) 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.

Zen Technologies's Inventory Turnover for the three months ended in Mar. 2024 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.

Zen Technologies's Inventory to Revenue for the three months ended in Mar. 2024 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.


Zen Technologies Days Inventory Related Terms

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


Zen Technologies (BOM:533339) Business Description

Traded in Other Exchanges
Address
B-42, Industrial Estate, Sanathnagar, Hyderabad, TG, IND, 500018
Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. It operates through Training and Simulation segment. The company caters to both domestic and international markets.

Zen Technologies (BOM:533339) Headlines

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