Orosil Smiths India (BOM:531626) Days Inventory : 919.91 (As of Dec. 2023)

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What is Orosil Smiths India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orosil Smiths India's Average Total Inventories for the three months ended in Dec. 2023 was ₹9.32 Mil. Orosil Smiths India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.92 Mil. Hence, Orosil Smiths India's Days Inventory for the three months ended in Dec. 2023 was 919.91.

The historical rank and industry rank for Orosil Smiths India's Days Inventory or its related term are showing as below:

BOM:531626' s Days Inventory Range Over the Past 10 Years
Min: 164.81 Med: 361.34 Max: 1405.03
Current: 1257.87

During the past 13 years, Orosil Smiths India's highest Days Inventory was 1405.03. The lowest was 164.81. And the median was 361.34.

BOM:531626's Days Inventory is ranked worse than
97.66% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs BOM:531626: 1257.87

Orosil Smiths India's Days Inventory increased from Dec. 2022 (600.50) to Dec. 2023 (919.91). It might indicate that Orosil Smiths India's sales slowed down.

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. Orosil Smiths India's Inventory Turnover for the three months ended in Dec. 2023 was 0.10.

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. Orosil Smiths India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.75.

Orosil Smiths India Days Inventory Historical Data

The historical data trend for Orosil Smiths India'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.

Orosil Smiths India Days Inventory Chart

Orosil Smiths India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

368.09

354.59

1,405.03

498.15

739.30

Orosil Smiths India 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															600.50	1,420.50	1,101.93	1,839.81	919.91

Competitive Comparison of Orosil Smiths India's Days Inventory

For the Luxury Goods subindustry, Orosil Smiths India'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.

Orosil Smiths India's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Orosil Smiths India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orosil Smiths India's Days Inventory falls into.

Orosil Smiths India Days Inventory Calculation

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

Orosil Smiths India'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
=	( (10.012	+	9.854)	/	2 )	/	4.904	*	365
=	9.933					/	4.904	*	365
=	739.30

Orosil Smiths India'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
=	( (9.315	+	0)	/	1 )	/	0.924	*	365 / 4
=	9.315					/	0.924	*	365 / 4
=	919.91

Orosil Smiths India (BOM:531626) 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.

Orosil Smiths India's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.924	/	9.315
	=	0.10

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.

Orosil Smiths India's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.315	/	1.961
	=	4.75

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.

Orosil Smiths India Days Inventory Related Terms

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

Orosil Smiths India (BOM:531626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Orosil Smiths India Ltd (BOM:531626) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

A-89, Sector-2, Noida, UP, IND, 201301

Website

https://www.orosil.com

Orosil Smiths India Ltd is a jewelry solutions company. Principally, it is engaged in the manufacturing and sale of silver jewelry, gems, and gold jewelry as well as plain and trading of silver articles. The company's brand includes Kuhjohl and Sincere for semiprecious. It offers jewelry in various categories, such as rings, earrings, pendants, anklets, bracelets, bangles, chains, necklaces, and pendant sets.

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