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Oriana Power (NSE:ORIANA) Days Inventory : 13.83 (As of Mar. 2024)


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What is Oriana Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oriana Power's Average Total Inventories for the six months ended in Mar. 2024 was ₹108 Mil. Oriana Power's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹2,844 Mil. Hence, Oriana Power's Days Inventory for the six months ended in Mar. 2024 was 6.91.

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

NSE:ORIANA' s Days Inventory Range Over the Past 10 Years
Min: 7.94   Med: 13.38   Max: 47.82
Current: 13.83

During the past 4 years, Oriana Power's highest Days Inventory was 47.82. The lowest was 7.94. And the median was 13.38.

NSE:ORIANA's Days Inventory is ranked better than
73.48% of 328 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.205 vs NSE:ORIANA: 13.83

Oriana Power's Days Inventory increased from Mar. 2022 (7.94) to Mar. 2024 (13.83). It might indicate that Oriana Power's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oriana Power's Inventory Turnover for the six months ended in Mar. 2024 was 26.40.

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. Oriana Power's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.03.


Oriana Power Days Inventory Historical Data

The historical data trend for Oriana Power'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.

Oriana Power Days Inventory Chart

Oriana Power Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
47.82 7.94 12.93 13.83

Oriana Power Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Days Inventory 47.82 7.94 12.93 13.83

Competitive Comparison of Oriana Power's Days Inventory

For the Utilities - Renewable subindustry, Oriana Power'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.


Oriana Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Oriana Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oriana Power's Days Inventory falls into.


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Oriana Power Days Inventory Calculation

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

Oriana Power'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
=( (60.559 + 154.895) / 2 ) / 2843.793*365
=107.727 / 2843.793*365
=13.83

Oriana Power'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
=( (60.559 + 154.895) / 2 ) / 2843.793*365 / 2
=107.727 / 2843.793*365 / 2
=6.91

* 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.


Oriana Power  (NSE:ORIANA) 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.

Oriana Power's Inventory Turnover for the six 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.

Oriana Power's Inventory to Revenue for the six 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.


Oriana Power Days Inventory Related Terms

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


Oriana Power Business Description

Traded in Other Exchanges
N/A
Address
Noida Gautam Buddha Nagar, Third Floor, Plot No 19 and 20, Sector 125, Amity University, Noida, Ghaziabad, UP, IND, 201313
Oriana Power Ltd is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low-carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Its business operations are mainly divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers Engineering, Procurement, construction, and operation of solar projects. Under CAPEX Model it has delivered projects with a capacity exceeding 100 MWp across various locations across India.

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