Ortel Communications (NSE:ORTEL) Change In Inventory: ₹0.0 Mil (TTM As of Jun. 2021)

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NSE:ORTEL Ortel Communications Ltd NSE:ORTEL
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What is Ortel Communications Change In Inventory?

Ortel Communications NSE:ORTEL 4 Change In Inventory is ₹0.0 Mil as of Jun. 2021. GuruFocus rates NSE:ORTEL with a GF Score™ of 4/100.

Ortel Communications's change in inventory for the quarter that ended in Jun. 2021 was ₹0.0 Mil. It means Ortel Communications's inventory stayed the same from Mar. 2021 to Jun. 2021 .

Ortel Communications's change in inventory for the fiscal year that ended in Mar. 2021 was ₹0.4 Mil. It means Ortel Communications's inventory declined by ₹0.4 Mil from Mar. 2020 to Mar. 2021 .

Ortel Communications's Total Inventories for the quarter that ended in Jun. 2021 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ortel Communications's Days Inventory for the quarter that ended in Jun. 2021 was 2.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ortel Communications's Inventory Turnover for the quarter that ended in Jun. 2021 was 35.64.

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. Ortel Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.02.

Ortel Communications  (NSE:ORTEL) Change In Inventory Explanation

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

Ortel Communications's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.6865/60.1*365 / 4
=2.56

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

Ortel Communications's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=60.1 / 1.6865
=35.64

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.

Ortel Communications's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.6865 / 104.7
=0.02

* 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.

Ortel Communications Change In Inventory Related Terms

Ortel Communications Change In Inventory Historical Data

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The historical data trend for Ortel Communications'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.

Ortel Communications Change In Inventory Chart

Ortel Communications Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Change In Inventory
Get a 7-Day Free Trial 123.66 0.47 -0.02 2.17 0.42

Ortel Communications Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Change In 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 0.00 0.00 0.00 0.00 0.00
NSE:ORTEL
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Ortel Communications Ltd NSE:ORTEL
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Ortel Communications 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 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 ₹0.0 Mil mean?
Ortel Communications (NSE:ORTEL) has a Change In Inventory of ₹0.0 Mil as of Jun. 2021. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ortel Communications and its competitors.
Is Ortel Communications' Change In Inventory too high?
Ortel Communications' current Change In Inventory is ₹0.0 Mil. Overall, Ortel Communications has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ortel Communications' Change In Inventory compare to DIS and NFLX?
Ortel Communications' Change In Inventory of ₹0.0 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Change In Inventory depends on the Media - Diversified 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 Ortel Communications and its competitors. Ortel Communications's current Change In Inventory is ₹0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ortel Communications stock overvalued right now?
Ortel Communications (NSE:ORTEL) has a current Change In Inventory of ₹0.0 Mil. The current Change In Inventory is ₹0.0 Mil. Ortel Communications' overall GF Score™ is 4/100. 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 Ortel Communications (NSE:ORTEL), the current Change In Inventory is ₹0.0 Mil as of Jun. 2021. 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.

Ortel Communications Business Description

Address C-1, Chandrasekharpur, Behind RMRC, B.D.A. Colony, Bhubaneswar, OR, IND, 751016
Ortel Communications Ltd is a cable television service provider. The company's operating segment includes Cable TV Services, Data Services, Infrastructure Leasing (IFL), Carriage fees, and Others. It generates maximum revenue from the Cable TV segment that includes digital cable television services including other value-added services such as HD services, NVoD(Near Video on Demand), Gaming, and local content.
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