Osel Devices (NSE:OSELDEVICE) Total Inventories : ₹254 Mil (As of Mar. 2024)

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What is Osel Devices Total Inventories?

Osel Devices's total inventories for the quarter that ended in Mar. 2024 was ₹254 Mil. Osel Devices's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹218 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Osel Devices's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-22.26.

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. 2024 was 39.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Osel Devices's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.67.

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. 2024 was 0.16.

Osel Devices Total Inventories Historical Data

The historical data trend for Osel Devices'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.

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Osel Devices Total Inventories Chart

Osel Devices Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Inventories

39.52

102.73

181.52

254.03

Osel Devices Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Total Inventories	39.52	102.73	181.52	254.03

Osel Devices 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.

Osel Devices (NSE:OSELDEVICE) 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.

Osel Devices's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(47.741	+	0.75 * 265.543	+	0.5 * 254.033	-	732.999
-	0	-	0)	/	16.129
=	-22.26

2. 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. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	217.777	/	1017.983	*	365 / 2
	=	39.04

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

Osel Devices's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1017.983	/	217.777
	=	4.67

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.

Osel Devices's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	217.777	/	1322.335
	=	0.16

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.

Osel Devices Total Inventories Related Terms

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Osel Devices Business Description

Industry

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Address

Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308

Website

Osel Devcies Ltd manufactures a comprehensive range of LED display systems and hearing aids. The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. It also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel Devcies Generates the majority of revenue from Hearing Aids.

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