GURUFOCUS.COM » STOCK LIST » Technology » Software » Network People Services Technologies Ltd (NSE:NPST) » Definitions » Days Inventory

Network People Services Technologies (NSE:NPST) Days Inventory : 10.71 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Network People Services Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Network People Services Technologies's Average Total Inventories for the six months ended in Sep. 2023 was ₹19.0 Mil. Network People Services Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹324.5 Mil. Hence, Network People Services Technologies's Days Inventory for the six months ended in Sep. 2023 was 10.71.

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

NSE:NPST' s Days Inventory Range Over the Past 10 Years
Min: 15.51   Med: 20.14   Max: 46.48
Current: 19.39

During the past 5 years, Network People Services Technologies's highest Days Inventory was 46.48. The lowest was 15.51. And the median was 20.14.

NSE:NPST's Days Inventory is ranked better than
50.1% of 1561 companies
in the Software industry
Industry Median: 19.46 vs NSE:NPST: 19.39

Network People Services Technologies's Days Inventory declined from Sep. 2022 (112.50) to Sep. 2023 (10.71).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Network People Services Technologies's Inventory Turnover for the six months ended in Sep. 2023 was 17.04.

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. Network People Services Technologies's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.04.


Network People Services Technologies Days Inventory Historical Data

The historical data trend for Network People Services 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.

Network People Services Technologies Days Inventory Chart

Network People Services Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
20.14 16.02 15.51 46.48 44.70

Network People Services Technologies Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only 27.39 50.56 112.50 36.91 10.71

Competitive Comparison of Network People Services Technologies's Days Inventory

For the Software - Application subindustry, Network People Services 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.


Network People Services Technologies's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Network People Services Technologies's Days Inventory falls into.



Network People Services Technologies Days Inventory Calculation

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

Network People Services 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
=( (27.345 + 29.858) / 2 ) / 233.545*365
=28.6015 / 233.545*365
=44.70

Network People Services Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (29.858 + 8.232) / 2 ) / 324.526*365 / 2
=19.045 / 324.526*365 / 2
=10.71

* 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.


Network People Services Technologies  (NSE:NPST) 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.

Network People Services Technologies's Inventory Turnover for the six months ended in Sep. 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.

Network People Services Technologies's Inventory to Revenue for the six months ended in Sep. 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.


Network People Services Technologies Days Inventory Related Terms

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


Network People Services Technologies (NSE:NPST) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 22, 306, 3rd Floor, Lodha Supremus II, Wagle Industrial Estate, Thane (West), Mumbai, MH, IND, 400604
Network People Services Technologies Ltd is a banking technology service provider that offers software and mobility solutions to the banking and finance sector. It offers digital transformation solutions such as IMPS, Digital Wallet, UPI, and other smart art solutions. The company further offers software designing, consulting, development, and manpower provisioning services.

Network People Services Technologies (NSE:NPST) Headlines

No Headlines