Unison Metals (BOM:538610) Inventory Turnover : 1.29 (As of Dec. 2023)

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What is Unison Metals 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. Unison Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹387 Mil. Unison Metals's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹299 Mil. Unison Metals's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Unison Metals's Days Inventory for the three months ended in Dec. 2023 was 70.52.

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. Unison Metals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.

Unison Metals Inventory Turnover Historical Data

The historical data trend for Unison Metals'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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Unison Metals Inventory Turnover Chart

Unison Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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6.22

5.09

4.60

4.82

5.97

Unison Metals 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															1.64	1.91	1.28	1.63	1.29

Unison Metals Inventory Turnover Calculation

Unison Metals'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 )
=	1859.782	/ (	(288.583	+	334.234)	/	2 )
=	1859.782	/	311.4085
=	5.97

Unison Metals'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 )
=	387.343	/ (	(299.361	+	0)	/	1 )
=	387.343	/	299.361
=	1.29

Unison Metals (BOM:538610) 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.

Unison Metals'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
	=	299.361	/	387.343	*	365 / 4
	=	70.52

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.

Unison Metals'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 )
	=	299.361	/	534.655
	=	0.56

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.

Unison Metals Inventory Turnover Related Terms

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Unison Metals (BOM:538610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Unison Metals Ltd (BOM:538610) » Definitions » Inventory Turnover

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Address

Ramol Char Rasta, Plot No. 5015, Phase IV, GIDC Vatva, Ahmedabad, GJ, IND, 382445

Website

https://www.unisongroup.net

Unison Metals Ltd is engaged in the manufacturing of all kinds and forms of steel and Ceramic glaze mixture. The company manufactures hot and cold-rolled stainless steel sheets and stainless steel patta for a range of industrial applications. Its products include Serveware; Storage ware; S.S. Cookware, Ingots, Dinner Sets, Ceramic Glaze, Unilock Airlight, and others. The majority of the revenue is generated from the sale of C.R.Patta. The Company's main business activity is trading and Manufacturing Steel Patta and Ceramics Products.

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