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Orient Ceratech (BOM:504879) Days Inventory : 180.05 (As of Dec. 2023)


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What is Orient Ceratech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orient Ceratech's Average Total Inventories for the three months ended in Dec. 2023 was ₹817 Mil. Orient Ceratech's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹414 Mil. Hence, Orient Ceratech's Days Inventory for the three months ended in Dec. 2023 was 180.05.

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

BOM:504879' s Days Inventory Range Over the Past 10 Years
Min: 117.07   Med: 172.98   Max: 450.07
Current: 125.24

During the past 13 years, Orient Ceratech's highest Days Inventory was 450.07. The lowest was 117.07. And the median was 172.98.

BOM:504879's Days Inventory is ranked worse than
73.07% of 1493 companies
in the Chemicals industry
Industry Median: 82.5 vs BOM:504879: 125.24

Orient Ceratech's Days Inventory increased from Dec. 2022 (149.23) to Dec. 2023 (180.05). It might indicate that Orient Ceratech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orient Ceratech's Inventory Turnover for the three months ended in Dec. 2023 was 0.51.

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. Orient Ceratech's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.09.


Orient Ceratech Days Inventory Historical Data

The historical data trend for Orient Ceratech'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.

Orient Ceratech Days Inventory Chart

Orient Ceratech Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.98 172.70 162.31 144.01 117.07

Orient Ceratech 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 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 149.23 97.48 127.77 157.33 180.05

Competitive Comparison of Orient Ceratech's Days Inventory

For the Specialty Chemicals subindustry, Orient Ceratech'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.


Orient Ceratech's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orient Ceratech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orient Ceratech's Days Inventory falls into.



Orient Ceratech Days Inventory Calculation

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

Orient Ceratech'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
=( (635.797 + 640.877) / 2 ) / 1990.16*365
=638.337 / 1990.16*365
=117.07

Orient Ceratech'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
=( (817.362 + 0) / 1 ) / 414.244*365 / 4
=817.362 / 414.244*365 / 4
=180.05

* 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.


Orient Ceratech  (BOM:504879) 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.

Orient Ceratech's Inventory Turnover for the three months ended in Dec. 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.

Orient Ceratech's Inventory to Revenue for the three months ended in Dec. 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.


Orient Ceratech Days Inventory Related Terms

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


Orient Ceratech (BOM:504879) Business Description

Traded in Other Exchanges
Address
D.N. Road, Jeevan Udyog Building, 2nd Floor, 278, Fort, Mumbai, MH, IND, 400 001
Orient Ceratech Ltd is an Indian-based company. It has two reportable segments: Alumina Refactories, Monolithics products, and bauxite ores, which are the key revenue driver; and Power generation. Alumina Refractories and Monolithics products manufacture calcined bauxite, fused aluminum oxide abrasive grains, and low cement castables which are mainly consumed in steel plants. The company also has a thermal power plant, furnace oil-based power plant, and windmills. The power generated from the thermal power plant and furnace oil-based power plant is captively consumed at the plant and power generated from windmills is sold to the respective state power distribution companies.

Orient Ceratech (BOM:504879) Headlines

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