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Orbit Exports (NSE:ORBTEXP) Days Inventory : 272.92 (As of Mar. 2024)


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What is Orbit Exports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orbit Exports's Average Total Inventories for the three months ended in Mar. 2024 was ₹468 Mil. Orbit Exports's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹156 Mil. Hence, Orbit Exports's Days Inventory for the three months ended in Mar. 2024 was 272.92.

The historical rank and industry rank for Orbit Exports's Days Inventory or its related term are showing as below:

NSE:ORBTEXP' s Days Inventory Range Over the Past 10 Years
Min: 119.85   Med: 258.3   Max: 467.42
Current: 248.01

During the past 13 years, Orbit Exports's highest Days Inventory was 467.42. The lowest was 119.85. And the median was 258.30.

NSE:ORBTEXP's Days Inventory is ranked worse than
81.12% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.24 vs NSE:ORBTEXP: 248.01

Orbit Exports's Days Inventory declined from Mar. 2023 (282.99) to Mar. 2024 (272.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Orbit Exports's Inventory Turnover for the three months ended in Mar. 2024 was 0.33.

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. Orbit Exports's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.08.


Orbit Exports Days Inventory Historical Data

The historical data trend for Orbit Exports'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.

Orbit Exports Days Inventory Chart

Orbit Exports 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 269.00 467.42 274.61 229.70 248.99

Orbit Exports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 282.99 232.03 238.62 250.03 272.92

Competitive Comparison of Orbit Exports's Days Inventory

For the Textile Manufacturing subindustry, Orbit Exports'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.


Orbit Exports's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Orbit Exports's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orbit Exports's Days Inventory falls into.



Orbit Exports Days Inventory Calculation

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

Orbit Exports'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
=( (464.762 + 468.075) / 2 ) / 683.721*365
=466.4185 / 683.721*365
=248.99

Orbit Exports'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 468.075) / 1 ) / 156.499*365 / 4
=468.075 / 156.499*365 / 4
=272.92

* 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.


Orbit Exports  (NSE:ORBTEXP) 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.

Orbit Exports's Inventory Turnover for the three months ended in Mar. 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.

Orbit Exports's Inventory to Revenue for the three months ended in Mar. 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.


Orbit Exports Days Inventory Related Terms

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


Orbit Exports (NSE:ORBTEXP) Business Description

Traded in Other Exchanges
Address
Dinshaw Wachha Road, 122, 2nd Floor, Mistry Bhavan, Near K C College, Churchgate, Mumbai, MH, IND, 400 020
Orbit Exports Ltd is the manufacturer and exporter of fabrics. The company operates through two segments which include Manufacturing of textiles and Windmill Power Generation. Its products include Silky aspects, Fashion jacquards, and Christmas crafts. The Silky aspects products consist of Jacquard, Dupion, Silky charmeuse, and Taffeta. Its Fashion jacquard products include Sylvia and Monza jacquard, Olivia jacquard, New sherwani jacquard, Monochrome jacquard, Mercury jacquard, Impression jacquard, Glossy jacquard, Florence jacquard, Feather jacquard, and Bamboo. The company sells its products in India and also exports them to various other countries. It drives the majority of revenue from the sale of products and services.

Orbit Exports (NSE:ORBTEXP) Headlines

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