Olympia Industries (BOM:521105) Days Inventory : 159.56 (As of Dec. 2023)

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What is Olympia Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Olympia Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹895 Mil. Olympia Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹512 Mil. Hence, Olympia Industries's Days Inventory for the three months ended in Dec. 2023 was 159.56.

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

BOM:521105' s Days Inventory Range Over the Past 10 Years
Min: 59.38 Med: 99.39 Max: 182.68
Current: 182.68

During the past 13 years, Olympia Industries's highest Days Inventory was 182.68. The lowest was 59.38. And the median was 99.39.

BOM:521105's Days Inventory is ranked worse than
72.34% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs BOM:521105: 182.68

Olympia Industries's Days Inventory declined from Dec. 2022 (166.29) to Dec. 2023 (159.56).

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. Olympia Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.57.

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. Olympia Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.55.

Olympia Industries Days Inventory Historical Data

The historical data trend for Olympia Industries'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.

Olympia Industries Days Inventory Chart

Olympia Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

119.06

116.04

130.80

65.13

70.37

Olympia Industries 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															166.29	158.90	229.63	235.21	159.56

Competitive Comparison of Olympia Industries's Days Inventory

For the Internet Retail subindustry, Olympia Industries'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.

Olympia Industries's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Olympia Industries's Days Inventory falls into.

Olympia Industries Days Inventory Calculation

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

Olympia Industries'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
=	( (596.688	+	755.601)	/	2 )	/	3506.926	*	365
=	676.1445					/	3506.926	*	365
=	70.37

Olympia Industries'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
=	( (895.438	+	0)	/	1 )	/	512.085	*	365 / 4
=	895.438					/	512.085	*	365 / 4
=	159.56

Olympia Industries (BOM:521105) 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.

Olympia Industries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	512.085	/	895.438
	=	0.57

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.

Olympia Industries's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	895.438	/	578.473
	=	1.55

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.

Olympia Industries Days Inventory Related Terms

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

Olympia Industries (BOM:521105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olympia Industries Ltd (BOM:521105) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-205, Synthofine Industrial Estate, Behind Virwani Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.olympiaindustriesltd.com

Olympia Industries Ltd is engaged in the areas of E-commerce, Brand Store Management, B2B e-commerce, B2C e-commerce, General Trade, and Morden Trade, the company has started engagements in D2C E-commerce as well. The company has achieved results in the existing categories like Baby Care, Domestic Appliances, Electronic, Gourmet, Health Care, Home and Kitchen Appliances, Luggage and Personal care appliances, pet products, etc. Further, the company has expanded its private-label brand "UMANAC". It has served products in a wide range of categories such as Personal Care Appliances, Gourmet, Dry Fruits and Berries, Dry sheets, and Health Care. The company operates under a single segment which is trading and a single geography which is India.

Olympia Industries (BOM:521105) Headlines

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