GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Onix Solar Energy Ltd (BOM:513119) » Definitions » Days Inventory

Onix Solar Energy (BOM:513119) Days Inventory : 0.00 (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Onix Solar Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Onix Solar Energy's Average Total Inventories for the three months ended in Sep. 2024 was ₹0.00 Mil. Onix Solar Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹0.00 Mil.

The historical rank and industry rank for Onix Solar Energy's Days Inventory or its related term are showing as below:

BOM:513119' s Days Inventory Range Over the Past 10 Years
Min: 122.56   Med: 601.51   Max: 8779.86
Current: 325.77

During the past 13 years, Onix Solar Energy's highest Days Inventory was 8779.86. The lowest was 122.56. And the median was 601.51.

BOM:513119's Days Inventory is ranked worse than
90.91% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs BOM:513119: 325.77

Onix Solar Energy's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

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.

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. Onix Solar Energy's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Onix Solar Energy Days Inventory Historical Data

The historical data trend for Onix Solar Energy'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.

Onix Solar Energy Days Inventory Chart

Onix Solar Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 394.00 666.38 122.56 8,779.86 1,521.40

Onix Solar Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 427.51 83,280.83 91.25 -

Competitive Comparison of Onix Solar Energy's Days Inventory

For the Copper subindustry, Onix Solar Energy'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.


Onix Solar Energy's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Onix Solar Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Onix Solar Energy's Days Inventory falls into.



Onix Solar Energy Days Inventory Calculation

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

Onix Solar Energy's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (3.481 + 2.738) / 2 ) / 0.746*365
=3.1095 / 0.746*365
=1,521.40

Onix Solar Energy's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Onix Solar Energy  (BOM:513119) 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.

Onix Solar Energy's Inventory Turnover for the three months ended in Sep. 2024 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.

Onix Solar Energy's Inventory to Revenue for the three months ended in Sep. 2024 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.


Onix Solar Energy Days Inventory Related Terms

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


Onix Solar Energy Business Description

Traded in Other Exchanges
N/A
Address
B.G. Kher Road, 1 Mahesh Villa, Worli, Mumbai, MH, IND, 400 018
Onix Solar Energy Ltd Formerly ABC Gas (International) Ltd is engaged in the business of trading in Non Ferrous Metals. It is into trading of various copper items. The company is doing trading business in Copper Pipe/Tube, Copper Fittings, etc.

Onix Solar Energy Headlines

No Headlines