Opal Luxury Time Products (NSE:OPAL) Total Inventories: ₹5.45 Mil (As of Sep. 2019)


What is Opal Luxury Time Products Total Inventories?

Opal Luxury Time Products NSE:OPAL Total Inventories is ₹5.45 Mil as of Sep. 2019.

Opal Luxury Time Products's total inventories for the quarter that ended in Sep. 2019 was ₹5.45 Mil. Opal Luxury Time Products's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Sep. 2019 was ₹2.72 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Opal Luxury Time Products's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was ₹-62.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Opal Luxury Time Products's Days Inventory for the six months ended in Sep. 2019 was 7.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Opal Luxury Time Products's Inventory Turnover for the quarter that ended in Sep. 2019 was 24.78.

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. Opal Luxury Time Products's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.36.


Opal Luxury Time Products  (NSE:OPAL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Opal Luxury Time Products's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

Net-Net Working Capital Per Share (Q: Sep. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.167+0.75 * 10.119+0.5 * 5.446-221.131
-0-0)/3.359
=-62.71

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

Opal Luxury Time Products's Days Inventory for the six months ended in Sep. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=2.723/67.465*365 / 2
=7.37

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Opal Luxury Time Products's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2019 ) / Average Total Inventories (Q: Sep. 2019 )
=67.465 / 2.723
=24.78

4. 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.

Opal Luxury Time Products's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=2.723 / 7.49
=0.36

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Opal Luxury Time Products Total Inventories Related Terms


Opal Luxury Time Products Total Inventories Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products's Total Inventories 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.

Opal Luxury Time Products Total Inventories Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Inventories
Get a 7-Day Free Trial 70.18 79.51 82.80 112.80 118.82

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Total Inventories Get a 7-Day Free Trial Premium Member Only 82.80 112.80 118.82 0.00 5.45

Opal Luxury Time Products Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹5.45 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a Total Inventories of ₹5.45 Mil as of Sep. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Total Inventories too high?
Opal Luxury Time Products' current Total Inventories is ₹5.45 Mil.
How does Opal Luxury Time Products' Total Inventories compare to FBHS and WHR?
Opal Luxury Time Products' Total Inventories of ₹5.45 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Furnishings, Fixtures & Appliances company?
A good Total Inventories depends on the Furnishings, Fixtures & Appliances industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Total Inventories is ₹5.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Total Inventories of ₹5.45 Mil. The current Total Inventories is ₹5.45 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Opal Luxury Time Products (NSE:OPAL), the current Total Inventories is ₹5.45 Mil as of Sep. 2019. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.