Ola Electric Mobility (BOM:544225) Inventory Turnover : 1.02 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Ola Electric Mobility Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Ola Electric Mobility's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹8,510 Mil. Ola Electric Mobility's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹8,380 Mil. Ola Electric Mobility's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ola Electric Mobility's Days Inventory for the three months ended in Dec. 2024 was 89.86.

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. Ola Electric Mobility's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.80.

Ola Electric Mobility Inventory Turnover Historical Data

The historical data trend for Ola Electric Mobility's Inventory Turnover 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.

Ola Electric Mobility Inventory Turnover Chart

Ola Electric Mobility Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

3.40

5.97

6.90

Ola Electric Mobility Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					-	2.00	1.93	1.18	1.02

Ola Electric Mobility Inventory Turnover Calculation

Ola Electric Mobility's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	44116.98	/ (	(5839.6	+	6939.91)	/	2 )
=	44116.98	/	6389.755
=	6.90

Ola Electric Mobility's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	8510	/ (	(8380	+	0)	/	1 )
=	8510	/	8380
=	1.02

Ola Electric Mobility (BOM:544225) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Ola Electric Mobility's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	8380	/	8510	*	365 / 4
	=	89.86

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.

Ola Electric Mobility's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	8380	/	10450
	=	0.80

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Ola Electric Mobility Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Ola Electric Mobility's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ola Electric Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ola Electric Mobility Ltd (BOM:544225) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

OLAELEC:India

Address

Hosur Road, Municipal Ward No.67, Wing C Star Tech, Municipal No. 140 Industrial Layout, Koramangala, Bengaluru, KA, IND, 560 095

Website

https://www.olaelectric.com

Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.

Ola Electric Mobility Headlines

No Headlines