Panchsheel Organics (BOM:531726) Inventory Turnover : 0.47 (As of Dec. 2023)

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What is Panchsheel Organics 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. Panchsheel Organics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹170 Mil. Panchsheel Organics's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹364 Mil. Panchsheel Organics's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panchsheel Organics's Days Inventory for the three months ended in Dec. 2023 was 195.39.

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. Panchsheel Organics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.42.

Panchsheel Organics Inventory Turnover Historical Data

The historical data trend for Panchsheel Organics'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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Panchsheel Organics Inventory Turnover Chart

Panchsheel Organics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.36

2.09

1.68

1.81

2.31

Panchsheel Organics 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															0.60	0.65	0.48	0.42	0.47

Panchsheel Organics Inventory Turnover Calculation

Panchsheel Organics'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 )
=	666.834	/ (	(252.568	+	324.424)	/	2 )
=	666.834	/	288.496
=	2.31

Panchsheel Organics'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 )
=	169.847	/ (	(363.678	+	0)	/	1 )
=	169.847	/	363.678
=	0.47

Panchsheel Organics (BOM:531726) 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.

Panchsheel Organics'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
	=	363.678	/	169.847	*	365 / 4
	=	195.39

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.

Panchsheel Organics'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 )
	=	363.678	/	256.126
	=	1.42

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.

Panchsheel Organics Inventory Turnover Related Terms

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Panchsheel Organics (BOM:531726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Panchsheel Organics Ltd (BOM:531726) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Prof. N. S. Phadke Marg, 137,138 Hubtown Solaris, 1st Floor, Opposite Teli Gali, Near Andheri East West Flyover, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.panchsheelorganics.com

Panchsheel Organics Ltd is an India based pharmaceutical company. It is engaged in the manufacturing and exporting of Active Pharma Ingredients (APIs), intermediates, and finished formulations. The company's product categories include API and intermediaries, Steroids and Hormones, Veterinary Products, OTC Products, Oncology Products, Neutraceutical Products, and Excipients.

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