Orient Technologies (BOM:544235) Inventory Turnover : 12.70 (As of Dec. 2024)

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What is Orient Technologies 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. Orient Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,721 Mil. Orient Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹135 Mil. Orient Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 12.70.

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 three months ended in Dec. 2024 was 7.18.

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 quarter that ended in Dec. 2024 was 0.07.

Orient Technologies Inventory Turnover Historical Data

The historical data trend for Orient Technologies'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.

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Orient Technologies Inventory Turnover Chart

Orient Technologies Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

28.12

39.77

45.28

Orient Technologies Quarterly Data
	Mar22	Mar23	Dec23	Mar24	Dec24
Inventory Turnover	-	-	15.45	11.00	12.70

Orient Technologies Inventory Turnover Calculation

Orient Technologies'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 )
=	4921.89	/ (	(81.94	+	135.45)	/	2 )
=	4921.89	/	108.695
=	45.28

Orient Technologies'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: Mar. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1720.858	/ (	(135.45	+	0)	/	1 )
=	1720.858	/	135.45
=	12.70

Orient Technologies (BOM:544235) 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.

Orient Technologies'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
	=	135.45	/	1720.858	*	365 / 4
	=	7.18

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 quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	135.45	/	2068.563
	=	0.07

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.

Orient Technologies Inventory Turnover Related Terms

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Orient Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Orient Technologies Ltd (BOM:544235) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ORIENTTECH: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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