Orient Technologies (NSE:ORIENTTECH) Days Inventory : 7.18 (As of Dec. 2024)

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What is Orient Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orient Technologies's Average Total Inventories for the three months ended in Dec. 2024 was ₹135 Mil. Orient Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,721 Mil. Hence, Orient Technologies's Days Inventory for the three months ended in Dec. 2024 was 7.18.

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

NSE:ORIENTTECH' s Days Inventory Range Over the Past 10 Years
Min: 8.06 Med: 9.18 Max: 12.98
Current: 12.36

During the past 3 years, Orient Technologies's highest Days Inventory was 12.98. The lowest was 8.06. And the median was 9.18.

NSE:ORIENTTECH's Days Inventory is ranked better than
59.16% of 1594 companies
in the Software industry
Industry Median: 20.035 vs NSE:ORIENTTECH: 12.36

Orient Technologies's Days Inventory increased from Mar. 2022 (0.00) to Dec. 2024 (7.18). It might indicate that Orient Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orient Technologies's Inventory Turnover for the three months ended in Dec. 2024 was 12.70.

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. Orient Technologies's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.07.

Orient Technologies Days Inventory Historical Data

The historical data trend for Orient Technologies'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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Orient Technologies Days Inventory Chart

Orient Technologies Annual Data

Trend

Mar22

Mar23

Mar24

Days Inventory

12.98

9.18

8.06

Orient Technologies Quarterly Data
	Mar22	Mar23	Dec23	Mar24	Dec24
Days Inventory	-	-	5.91	8.30	7.18

Competitive Comparison of Orient Technologies's Days Inventory

For the Information Technology Services subindustry, Orient Technologies'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.

Orient Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Orient Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orient Technologies's Days Inventory falls into.

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Orient Technologies Days Inventory Calculation

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

Orient Technologies'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
=	( (81.94	+	135.45)	/	2 )	/	4921.89	*	365
=	108.695					/	4921.89	*	365
=	8.06

Orient Technologies's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (135.45	+	0)	/	1 )	/	1720.858	*	365 / 4
=	135.45					/	1720.858	*	365 / 4
=	7.18

Orient Technologies (NSE:ORIENTTECH) 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.

Orient Technologies's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1720.858	/	135.45
	=	12.70

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.

Orient Technologies's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	135.45	/	2068.563
	=	0.07

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.

Orient Technologies Days Inventory Related Terms

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

Orient Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Orient Technologies Ltd (NSE:ORIENTTECH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

544235:India

Address

MIDC Central Road, 602, Ackruti Center Point, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.orientindia.in

Orient Technologies Ltd is an information technology (IT) solutions provider. It includes three segments: IT Infrastructure Products and Services segment which include products and solutions include Data Centre Solutions and End-User Computing. IT Enabled Services (IteS) segment include services include Managed Services, Multi-Vendor Support Services, IT Facility Management Services, Network Operations Centre Services, Security Services, and Renewals. Cloud and Data Management Services segment include services include migration of workload from data centers to cloud. Key revenue is generated from IT Infrastructure segment.

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