Ambuja Cements (BOM:500425) Inventory Turnover : 0.33 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Ambuja Cements 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. Ambuja Cements's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹11,896 Mil. Ambuja Cements's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹36,000 Mil. Ambuja Cements's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ambuja Cements's Days Inventory for the three months ended in Dec. 2023 was 276.15.

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. Ambuja Cements's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

Ambuja Cements Inventory Turnover Historical Data

The historical data trend for Ambuja Cements'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.

Ambuja Cements Inventory Turnover Chart

Ambuja Cements Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory Turnover

Get a 7-Day Free Trial

1.88

1.98

1.90

2.19

2.45

Ambuja Cements Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.20	0.17	-	0.29	0.33

Ambuja Cements Inventory Turnover Calculation

Ambuja Cements's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	45863.8	/ (	(20965	+	16485.8)	/	2 )
=	45863.8	/	18725.4
=	2.45

Ambuja Cements'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 )
=	11895.7	/ (	(36000.3	+	0)	/	1 )
=	11895.7	/	36000.3
=	0.33

Ambuja Cements (BOM:500425) 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.

Ambuja Cements'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
	=	36000.3	/	11895.7	*	365 / 4
	=	276.15

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.

Ambuja Cements'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 )
	=	36000.3	/	81288
	=	0.44

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.

Ambuja Cements Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Ambuja Cements's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ambuja Cements (BOM:500425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ambuja Cements Ltd (BOM:500425) » Definitions » Inventory Turnover

Traded in Other Exchanges

AMBUJACEM:India

Address

MIDC Cross Road ‘B’, Off Andheri-Kurla Road, Elegant Business Park, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.ambujacement.com

Ambuja Cements Ltd manufactures and sells cement, concrete, and cement-related products to the building and construction industries. The company's portfolio of products includes Portland Pozolona cement and ordinary Portland cement. The vast majority of the firm's revenue is generated in India. Ambuja Cements has operations throughout India and uses a network of ports, bulk cement terminals, captive ships, and railroads to transport its products to both warehouses and directly to customers. The company also has a technical services team that partners with customers to teach concrete mixing and curing techniques.

Ambuja Cements (BOM:500425) Headlines

No Headlines