Gayatri Sugars (BOM:532183) Inventory Turnover : 3.13 (As of Mar. 2024)

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What is Gayatri Sugars 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. Gayatri Sugars's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,579 Mil. Gayatri Sugars's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹504 Mil. Gayatri Sugars's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gayatri Sugars's Days Inventory for the three months ended in Mar. 2024 was 29.12.

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. Gayatri Sugars's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Gayatri Sugars Inventory Turnover Historical Data

The historical data trend for Gayatri Sugars'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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Gayatri Sugars Inventory Turnover Chart

Gayatri Sugars Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.36

2.98

4.62

4.16

4.39

Gayatri Sugars 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															2.14	0.69	1.21	3.38	3.13

Gayatri Sugars Inventory Turnover Calculation

Gayatri Sugars'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 )
=	2709.323	/ (	(729.782	+	503.89)	/	2 )
=	2709.323	/	616.836
=	4.39

Gayatri Sugars'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 )
=	1578.949	/ (	(0	+	503.89)	/	1 )
=	1578.949	/	503.89
=	3.13

Gayatri Sugars (BOM:532183) 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.

Gayatri Sugars'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
	=	503.89	/	1578.949	*	365 / 4
	=	29.12

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.

Gayatri Sugars'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 )
	=	503.89	/	2246.298
	=	0.22

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.

Gayatri Sugars Inventory Turnover Related Terms

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Gayatri Sugars (BOM:532183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gayatri Sugars Ltd (BOM:532183) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Rajbhavan Road, 6-3-1090, B2, 2nd Floor, T.S.R. Towers, Somajiguda, Hyderabad, TG, IND, 500 082

Website

https://www.gayatrisugars.com

Gayatri Sugars Ltd engages in the manufacture of sugar and allied products. Its products include sugar, distillery products like Rectified Spirit, Impure spirit, Ethanol, and byproducts like Molasses, Filter cake, Ash, and Bagasse. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company is also engaged in power generation.

Gayatri Sugars (BOM:532183) Headlines

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