Virtuoso OptoElectronics (BOM:543597) Days Inventory : 127.78 (As of Sep. 2023)

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What is Virtuoso OptoElectronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Virtuoso OptoElectronics's Average Total Inventories for the six months ended in Sep. 2023 was ₹1,445 Mil. Virtuoso OptoElectronics's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹2,064 Mil. Hence, Virtuoso OptoElectronics's Days Inventory for the six months ended in Sep. 2023 was 127.78.

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

BOM:543597' s Days Inventory Range Over the Past 10 Years
Min: 87.75 Med: 100.28 Max: 125.67
Current: 112.37

During the past 4 years, Virtuoso OptoElectronics's highest Days Inventory was 125.67. The lowest was 87.75. And the median was 100.28.

BOM:543597's Days Inventory is ranked worse than
54.85% of 2410 companies
in the Hardware industry
Industry Median: 102.035 vs BOM:543597: 112.37

Virtuoso OptoElectronics's Days Inventory declined from Sep. 2022 (146.61) to Sep. 2023 (127.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Virtuoso OptoElectronics's Inventory Turnover for the six months ended in Sep. 2023 was 1.43.

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. Virtuoso OptoElectronics's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.61.

Virtuoso OptoElectronics Days Inventory Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

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Virtuoso OptoElectronics Days Inventory Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

87.75

94.17

106.39

125.67

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	146.61	102.55	127.78

Competitive Comparison of Virtuoso OptoElectronics's Days Inventory

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virtuoso OptoElectronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Virtuoso OptoElectronics's Days Inventory falls into.

Virtuoso OptoElectronics Days Inventory Calculation

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

Virtuoso OptoElectronics'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
=	( (633.092	+	1384.217)	/	2 )	/	2929.645	*	365
=	1008.6545					/	2929.645	*	365
=	125.67

Virtuoso OptoElectronics'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
=	( (1384.217	+	1506.15)	/	2 )	/	2064.05	*	365 / 2
=	1445.1835					/	2064.05	*	365 / 2
=	127.78

Virtuoso OptoElectronics (BOM:543597) 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.

Virtuoso OptoElectronics's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2064.05	/	1445.1835
	=	1.43

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.

Virtuoso OptoElectronics's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1445.1835	/	2384.427
	=	0.61

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.

Virtuoso OptoElectronics Days Inventory Related Terms

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

Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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