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GMM Pfaudler (NSE:GMMPFAUDLR) Inventory Turnover : 0.41 (As of Mar. 2024)


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What is GMM Pfaudler 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. GMM Pfaudler's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,541 Mil. GMM Pfaudler's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹6,254 Mil. GMM Pfaudler's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GMM Pfaudler's Days Inventory for the three months ended in Mar. 2024 was 224.54.

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. GMM Pfaudler's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.84.


GMM Pfaudler Inventory Turnover Historical Data

The historical data trend for GMM Pfaudler'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.

GMM Pfaudler Inventory Turnover Chart

GMM Pfaudler Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 1.28 1.63 1.78 1.98

GMM Pfaudler 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.48 0.58 0.50 0.41

GMM Pfaudler Inventory Turnover Calculation

GMM Pfaudler'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 )
=13793.6 / ((7709.4 + 6253.6) / 2 )
=13793.6 / 6981.5
=1.98

GMM Pfaudler'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 )
=2541.4 / ((0 + 6253.6) / 1 )
=2541.4 / 6253.6
=0.41

* 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.


GMM Pfaudler  (NSE:GMMPFAUDLR) 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.

GMM Pfaudler'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
=6253.6/2541.4*365 / 4
=224.54

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.

GMM Pfaudler'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 )
=6253.6 / 7407.3
=0.84

* 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.


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.


GMM Pfaudler Inventory Turnover Related Terms

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GMM Pfaudler (NSE:GMMPFAUDLR) Business Description

Traded in Other Exchanges
Address
Sewri - Chembur Road, 902 Lodha Excelus, Commercial Tower 1, New Cuffe Parade, Mumbai, MH, IND, 400 037
GMM Pfaudler Ltd is an India-based company engaged in manufacturing corrosion-resistant glass-lined equipment used primarily in the chemical, pharmaceutical, and allied industries. In addition, it also manufactures flouro-polymer products and other chemical process equipment such as agitated nutsche filters, filter driers, wiped film evaporators, and mixing systems. It serves pharmaceutical, specialty chemicals, agrochemicals, and other chemical processing industries. The company operates in India and internationally, and derives maximum revenue from the Indian market.

GMM Pfaudler (NSE:GMMPFAUDLR) Headlines

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