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Holmarc Opto-Mechatronics (NSE:HOLMARC) Days Inventory : 115.15 (As of Mar. 2024)


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What is Holmarc Opto-Mechatronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Holmarc Opto-Mechatronics's Average Total Inventories for the six months ended in Mar. 2024 was ₹24.8 Mil. Holmarc Opto-Mechatronics's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹78.5 Mil. Hence, Holmarc Opto-Mechatronics's Days Inventory for the six months ended in Mar. 2024 was 57.57.

The historical rank and industry rank for Holmarc Opto-Mechatronics's Days Inventory or its related term are showing as below:

NSE:HOLMARC' s Days Inventory Range Over the Past 10 Years
Min: 82.34   Med: 97.54   Max: 115.15
Current: 115.15

During the past 4 years, Holmarc Opto-Mechatronics's highest Days Inventory was 115.15. The lowest was 82.34. And the median was 97.54.

NSE:HOLMARC's Days Inventory is ranked worse than
56.39% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs NSE:HOLMARC: 115.15

Holmarc Opto-Mechatronics's Days Inventory increased from Mar. 2022 (82.34) to Mar. 2024 (115.15). It might indicate that Holmarc Opto-Mechatronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Holmarc Opto-Mechatronics's Inventory Turnover for the six months ended in Mar. 2024 was 3.17.

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. Holmarc Opto-Mechatronics's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.07.

Holmarc Opto-Mechatronics Days Inventory Historical Data

The historical data trend for Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics Days Inventory Chart

Holmarc Opto-Mechatronics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
100.75 82.34 94.33 115.15

Holmarc Opto-Mechatronics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Days Inventory 100.75 82.34 94.33 115.15

Competitive Comparison of Holmarc Opto-Mechatronics's Days Inventory

For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Holmarc Opto-Mechatronics's Days Inventory falls into.


Holmarc Opto-Mechatronics Days Inventory Calculation

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

Holmarc Opto-Mechatronics'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
=( (21.091 + 28.467) / 2 ) / 78.547*365
=24.779 / 78.547*365
=115.15

Holmarc Opto-Mechatronics's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (21.091 + 28.467) / 2 ) / 78.547*365 / 2
=24.779 / 78.547*365 / 2
=57.57

* 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.

Holmarc Opto-Mechatronics  (NSE:HOLMARC) 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.

Holmarc Opto-Mechatronics's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=78.547 / 24.779
=3.17

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.

Holmarc Opto-Mechatronics's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=24.779 / 334.612
=0.07

* 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.

Holmarc Opto-Mechatronics Days Inventory Related Terms

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

Holmarc Opto-Mechatronics (NSE:HOLMARC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Holmarc Opto-Mechatronics Ltd (NSE:HOLMARC) » Definitions » Days Inventory
Comparable Companies
NSE:NITIRAJ BOM:532975 BOM:541151 TSE:6861 FTV OSTO:HEXA B GRMN KEYS TDY TRMB TSE:7701 CGNX ST NOVT SZSE:002414 VNT COHR MKSI BMI LSE:SXS
Traded in Other Exchanges
N/A
Address
Building No. 11/490, B-7, HMT Industrial Estate, Kalamassery, Kanayanoor Taluk, Ernakulam, KL, IND, 683503
Website
https://www.holmarc.com
Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.

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