Gabriel India (BOM:505714) Inventory Turnover : 2.29 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Gabriel India 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. Gabriel India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,909 Mil. Gabriel India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹3,015 Mil. Gabriel India's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gabriel India's Days Inventory for the three months ended in Mar. 2024 was 39.82.

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. Gabriel India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.

Gabriel India Inventory Turnover Historical Data

The historical data trend for Gabriel India'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.

* Premium members only.

Gabriel India Inventory Turnover Chart

Gabriel India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

8.66

7.28

8.90

10.58

9.70

Gabriel India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.64	2.68	2.64	2.46	2.29

Gabriel India Inventory Turnover Calculation

Gabriel India'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 )
=	25517.67	/ (	(2248.07	+	3015.16)	/	2 )
=	25517.67	/	2631.615
=	9.70

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	6909.22	/ (	(0	+	3015.16)	/	1 )
=	6909.22	/	3015.16
=	2.29

Gabriel India (BOM:505714) 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.

Gabriel India's Days Inventory for the three 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
	=	3015.16	/	6909.22	*	365 / 4
	=	39.82

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.

Gabriel India'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 )
	=	3015.16	/	9169.77
	=	0.33

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.

Gabriel India Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Gabriel India's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Gabriel India (BOM:505714) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gabriel India Ltd (BOM:505714) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GABRIEL:India

Address

29th Milestone, Pune-Nashik Highway, Village Kuruli, Taluka Khed, Pune, MH, IND, 410 501

Website

http://www.gabrielindia.com

Gabriel India Ltd is an Indian company that manufactures and sells auto components. It offers ride-control products catering to all segments of the automotive industry. The company provides a wide range of ride control products including Shock absorbers, Struts, Axle dampers, Cabin dampers and seat dampers, and Front forks, among others. The company primarily operates in India, and its products are also marketed outside India. It generates key revenue from within India. The customers of the company cover four-wheelers, two and three-wheelers, and commercial vehicles and railways, of which major revenue is derived from two and three-wheelers.

Gabriel India (BOM:505714) Headlines

No Headlines