Osel Devices (NSE:OSELDEVICE) Inventory Turnover: 1.95 (As of Mar. 2026)

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NSE:OSELDEVICE Osel Devices Ltd NSE:OSELDEVICE
47 GF Score
Price ₹422.10
! 6 Warning Signs
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What is Osel Devices Inventory Turnover?

Osel Devices NSE:OSELDEVICE +2.07% 47 Inventory Turnover is 1.95 as of Mar. 2026. GuruFocus rates NSE:OSELDEVICE with a GF Score™ of 47/100. The stock has 6 warning signs investors should review.

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. Osel Devices's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,127 Mil. Osel Devices's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹578 Mil. Osel Devices's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Osel Devices's Days Inventory for the six months ended in Mar. 2026 was 93.63.

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. Osel Devices's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.40.


Osel Devices  (NSE:OSELDEVICE) 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.

Osel Devices's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=578.0555/1126.738*365 / 2
=93.63

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.

Osel Devices's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=578.0555 / 1458.068
=0.40

* 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

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.


Osel Devices Inventory Turnover Related Terms


Osel Devices Inventory Turnover Historical Data

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The historical data trend for Osel Devices'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.

Osel Devices Inventory Turnover Chart

Osel Devices Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 8.18 4.88 4.67 4.31 4.57

Osel Devices Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 2.63 1.86 2.30 1.95
NSE:OSELDEVICE
47GF Score
Osel Devices Ltd NSE:OSELDEVICE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Osel Devices Inventory Turnover Calculation

Osel Devices's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=2256.195 / ((407.679 + 579.568) / 2 )
=2256.195 / 493.6235
=4.57

Osel Devices's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1126.738 / ((576.543 + 579.568) / 2 )
=1126.738 / 578.0555
=1.95

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.95 mean?
Osel Devices (NSE:OSELDEVICE) has a Inventory Turnover of 1.95 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Osel Devices and its competitors.
Is Osel Devices' Inventory Turnover too high?
Osel Devices' current Inventory Turnover is 1.95. Overall, Osel Devices has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Osel Devices' Inventory Turnover compare to ABT and SYK?
Osel Devices' Inventory Turnover of 1.95 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Osel Devices and its competitors. Osel Devices's current Inventory Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osel Devices stock overvalued right now?
Osel Devices (NSE:OSELDEVICE) has a current Inventory Turnover of 1.95. The current Inventory Turnover is 1.95. Osel Devices' overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Osel Devices (NSE:OSELDEVICE), the current Inventory Turnover is 1.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Osel Devices Business Description

Address Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308
Osel Devices Ltd is engaged in the manufacture, trade, retail, wholesale, import, export, warehousing, storage, distribution, assembly, repair, maintenance, integration, operation, testing, installation, and resale of hearing aids and LED display components, parts, and accessories. The company also carries out research and development activities related to all kinds of hearing aids, components, parts, and accessories. it offers variuos products including advanced hearing aids designed to improve auditory experience and LED solutions tailored to various industries, while also distributing Mobile products across India. it generates majority of revenue from hearing aids.
47GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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