Organic Recycling Systems (BOM:543997) Days Inventory : 134.18 (As of Sep. 2023)

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What is Organic Recycling Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Organic Recycling Systems's Average Total Inventories for the six months ended in Sep. 2023 was ₹11.8 Mil. Organic Recycling Systems's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹16.1 Mil. Hence, Organic Recycling Systems's Days Inventory for the six months ended in Sep. 2023 was 134.18.

The historical rank and industry rank for Organic Recycling Systems's Days Inventory or its related term are showing as below:

BOM:543997' s Days Inventory Range Over the Past 10 Years
Min: 31.81 Med: 55.57 Max: 268.35
Current: 268.35

During the past 4 years, Organic Recycling Systems's highest Days Inventory was 268.35. The lowest was 31.81. And the median was 55.57.

BOM:543997's Days Inventory is ranked worse than
96.21% of 211 companies
in the Waste Management industry
Industry Median: 23.5 vs BOM:543997: 268.35

Organic Recycling Systems's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (134.18). It might indicate that Organic Recycling Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Organic Recycling Systems's Inventory Turnover for the six months ended in Sep. 2023 was 1.36.

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. Organic Recycling Systems's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.09.

Organic Recycling Systems Days Inventory Historical Data

The historical data trend for Organic Recycling Systems'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.

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Organic Recycling Systems Days Inventory Chart

Organic Recycling Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

31.81

51.75

59.38

64.64

Organic Recycling Systems Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23
Days Inventory	-	-	-	-	134.18

Competitive Comparison of Organic Recycling Systems's Days Inventory

For the Waste Management subindustry, Organic Recycling Systems'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.

Organic Recycling Systems's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Organic Recycling Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Organic Recycling Systems's Days Inventory falls into.

Organic Recycling Systems Days Inventory Calculation

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

Organic Recycling Systems'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
=	( (12.036	+	8.97)	/	2 )	/	59.308	*	365
=	10.503					/	59.308	*	365
=	64.64

Organic Recycling Systems's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (8.97	+	14.717)	/	2 )	/	16.109	*	365 / 2
=	11.8435					/	16.109	*	365 / 2
=	134.18

Organic Recycling Systems (BOM:543997) 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.

Organic Recycling Systems's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.109	/	11.8435
	=	1.36

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.

Organic Recycling Systems's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.8435	/	125.739
	=	0.09

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.

Organic Recycling Systems Days Inventory Related Terms

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

Organic Recycling Systems (BOM:543997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Organic Recycling Systems Ltd (BOM:543997) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 9, Sector-17, Office No. 1003, 10th Floor, The Affaires, Sanpada, Navi Mumbai, MH, IND, 400705

Website

https://www.organicrecycling.co.in

Organic Recycling Systems Ltd is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain. The company has been a forerunner in providing sustainable waste management solutions in India. It primarily focuses on developing robust, cost-effective & environment-friendly technologies that are simple to operate. It has proven technology and capability of successfully running one of India's first Waste to Energy (WTE) plants developed on anaerobic bio methanation technology. It has also set up an MSW processing and disposal plant in Solapur, Maharashtra to convert Municipal Solid Waste (MSW) into electricity and compost.

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