KCK Industries (NSE:KCK) Inventory Turnover : 2.15 (As of Mar. 2023)

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What is KCK Industries 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. KCK Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹581.4 Mil. KCK Industries's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹270.8 Mil. KCK Industries's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KCK Industries's Days Inventory for the six months ended in Mar. 2023 was 85.01.

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. KCK Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.41.

KCK Industries Inventory Turnover Historical Data

The historical data trend for KCK Industries'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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KCK Industries Inventory Turnover Chart

KCK Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

9.62

20.53

16.75

5.40

2.69

KCK Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Inventory Turnover	Get a 7-Day Free Trial			-	4.74	2.30	1.68	2.15

KCK Industries Inventory Turnover Calculation

KCK Industries'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 )
=	840.651	/ (	(196.023	+	428.139)	/	2 )
=	840.651	/	312.081
=	2.69

KCK Industries's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	581.382	/ (	(113.466	+	428.139)	/	2 )
=	581.382	/	270.8025
=	2.15

KCK Industries (NSE:KCK) 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.

KCK Industries's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	270.8025	/	581.382	*	365 / 2
	=	85.01

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.

KCK Industries's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	270.8025	/	660.336
	=	0.41

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.

KCK Industries Inventory Turnover Related Terms

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KCK Industries (NSE:KCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » KCK Industries Ltd (NSE:KCK) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031

Website

https://www.kckindustriesltd.com

KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.

KCK Industries (NSE:KCK) Headlines

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