Opal Luxury Time Products (NSE:OPAL) Change In Inventory: ₹63.87 Mil (TTM As of Sep. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Opal Luxury Time Products Change In Inventory?

Opal Luxury Time Products NSE:OPAL Change In Inventory is ₹63.87 Mil as of Sep. 2019.

Opal Luxury Time Products's change in inventory for the quarter that ended in Sep. 2019 was ₹63.87 Mil. It means Opal Luxury Time Products's inventory declined by ₹63.87 Mil from Sep. 2018 to Sep. 2019 .

Opal Luxury Time Products's change in inventory for the fiscal year that ended in Mar. 2018 was ₹-6.02 Mil. It means Opal Luxury Time Products's inventory increased by ₹6.02 Mil from Mar. 2017 to Mar. 2018 .

Opal Luxury Time Products's Total Inventories for the quarter that ended in Sep. 2019 was ₹5.45 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Opal Luxury Time Products's Days Inventory for the quarter that ended in Sep. 2019 was 7.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Opal Luxury Time Products's Inventory Turnover for the quarter that ended in Sep. 2019 was 24.78.

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. Opal Luxury Time Products's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.36.


Opal Luxury Time Products  (NSE:OPAL) Change In Inventory Explanation

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

Opal Luxury Time Products's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.723/67.465*365 / 2
=7.37

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Opal Luxury Time Products's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

3. 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.

Opal Luxury Time Products's Inventory to Revenue for the quarter that ended in Sep. 2019 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.


Opal Luxury Time Products Change In Inventory Related Terms


Opal Luxury Time Products Change In Inventory Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products's Change In 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.

Opal Luxury Time Products Change In Inventory Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Change In Inventory
Get a 7-Day Free Trial -9.10 -9.32 -3.30 -29.99 -6.02

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Change In Inventory Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 18.19 63.87

Opal Luxury Time Products Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹63.87 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₹63.87 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a Change In Inventory of ₹63.87 Mil as of Sep. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Change In Inventory too high?
Opal Luxury Time Products' current Change In Inventory is ₹63.87 Mil.
How does Opal Luxury Time Products' Change In Inventory compare to FBHS and WHR?
Opal Luxury Time Products' Change In Inventory of ₹63.87 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Furnishings, Fixtures & Appliances company?
A good Change In Inventory depends on the Furnishings, Fixtures & Appliances industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Change In Inventory is ₹63.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Change In Inventory of ₹63.87 Mil. The current Change In Inventory is ₹63.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Opal Luxury Time Products (NSE:OPAL), the current Change In Inventory is ₹63.87 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.