Prism Johnson (BOM:500338) Inventory Turnover : 1.11 (As of Dec. 2023)

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What is Prism Johnson 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. Prism Johnson's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹10,011 Mil. Prism Johnson's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹9,048 Mil. Prism Johnson's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prism Johnson's Days Inventory for the three months ended in Dec. 2023 was 82.46.

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. Prism Johnson's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.53.

Prism Johnson Inventory Turnover Historical Data

The historical data trend for Prism Johnson'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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Prism Johnson Inventory Turnover Chart

Prism Johnson Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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5.42

4.72

4.70

3.49

3.61

Prism Johnson Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.29	-0.54	1.49	1.17	1.11

Prism Johnson Inventory Turnover Calculation

Prism Johnson's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	28003.5	/ (	(8048.6	+	7475.8)	/	2 )
=	28003.5	/	7762.2
=	3.61

Prism Johnson's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	10011.4	/ (	(9047.5	+	0)	/	1 )
=	10011.4	/	9047.5
=	1.11

Prism Johnson (BOM:500338) 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.

Prism Johnson's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	9047.5	/	10011.4	*	365 / 4
	=	82.46

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.

Prism Johnson's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	9047.5	/	17145.3
	=	0.53

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.

Prism Johnson Inventory Turnover Related Terms

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Prism Johnson (BOM:500338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Prism Johnson Ltd (BOM:500338) » Definitions » Inventory Turnover

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PRSMJOHNSN:India

Address

Vallabhai Patel Road, 2nd Floor, Rahejas, Main Avenue, Santacruz (West), Mumbai, MH, IND, 400 054

Website

https://www.prismjohnson.in

Prism Johnson Ltd is an integrated building materials company that makes cement products. Prism creates Portland pozzolana cement and sells it under multiple brand names that include Champion, Hi-Tech, and DuraTech. Prism operates two subsidiaries that supplement its core cement offerings: H&R Johnson and RMC Readymix. H&R Johnson builds sanitary products and ceramic tiles for kitchens and bathrooms. RMC Readymix sells ready-mixed concrete under brand names that include Enviroprotectcrete, Thermocrete, and Dycrete. It has three business segments Cement; Tile and Bath (HRJ) and Ready Mixed Concrete (RMC). The company generates the vast majority of its revenue in India.

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