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Ahasolar Technologies (BOM:543941) Days Inventory : 0.00 (As of Mar. 2023)


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What is Ahasolar Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ahasolar Technologies's Average Total Inventories for the six months ended in Mar. 2023 was ₹0.0 Mil. Ahasolar Technologies's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹173.3 Mil. Hence, Ahasolar Technologies's Days Inventory for the six months ended in Mar. 2023 was 0.00.

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

During the past 4 years, Ahasolar Technologies's highest Days Inventory was 330.32. The lowest was 84.33. And the median was 207.33.

BOM:543941's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.53
* Ranked among companies with meaningful Days Inventory only.

Ahasolar Technologies's Days Inventory declined from Mar. 2021 (84.33) to Mar. 2023 (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. Ahasolar Technologies's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.00.


Ahasolar Technologies Days Inventory Historical Data

The historical data trend for Ahasolar 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.

Ahasolar Technologies Days Inventory Chart

Ahasolar Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
330.32 84.33 - -

Ahasolar Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Days Inventory 330.32 84.33 - -

Competitive Comparison of Ahasolar Technologies's Days Inventory

For the Software - Application subindustry, Ahasolar 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.


Ahasolar Technologies's Days Inventory Distribution in the Software Industry

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

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



Ahasolar Technologies Days Inventory Calculation

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

Ahasolar Technologies'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 + 0) / 1 ) / 173.327*365
=0 / 173.327*365
=0.00

Ahasolar Technologies's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 173.327*365 / 2
=0 / 173.327*365 / 2
=0.00

* 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.


Ahasolar Technologies  (BOM:543941) 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.

Ahasolar Technologies's Inventory Turnover for the six months ended in Mar. 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.

Ahasolar Technologies's Inventory to Revenue for the six months ended in Mar. 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.


Ahasolar Technologies Days Inventory Related Terms

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


Ahasolar Technologies (BOM:543941) Business Description

Traded in Other Exchanges
N/A
Address
Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061
Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

Ahasolar Technologies (BOM:543941) Headlines

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