Jyoti Structures (BOM:513250) Inventory Turnover : 1.27 (As of Sep. 2023)

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What is Jyoti Structures 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. Jyoti Structures's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹664 Mil. Jyoti Structures's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹521 Mil. Jyoti Structures's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jyoti Structures's Days Inventory for the three months ended in Sep. 2023 was 71.67.

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. Jyoti Structures's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.64.

Jyoti Structures Inventory Turnover Historical Data

The historical data trend for Jyoti Structures'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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Jyoti Structures Inventory Turnover Chart

Jyoti Structures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.52

0.47

0.16

0.83

4.03

Jyoti Structures Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.61	0.29	-	2.25	1.27

Jyoti Structures Inventory Turnover Calculation

Jyoti Structures'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 )
=	1960.972	/ (	(246.912	+	726.123)	/	2 )
=	1960.972	/	486.5175
=	4.03

Jyoti Structures's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	663.789	/ (	(0	+	521.384)	/	1 )
=	663.789	/	521.384
=	1.27

Jyoti Structures (BOM:513250) 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.

Jyoti Structures's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	521.384	/	663.789	*	365 / 4
	=	71.67

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.

Jyoti Structures's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	521.384	/	814.642
	=	0.64

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.

Jyoti Structures Inventory Turnover Related Terms

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Jyoti Structures (BOM:513250) Business Description

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JYOTISTRUC:India

Address

New Link Road, 6th Floor, Valecha Chambers, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053

Website

http://www.jyotistructures.in

Jyoti Structures Ltd is an engineering, procurement and construction (EPC) contracting company. It is engaged in power transmission and distribution networks wherein it manufactures and deals in various components/equipment's and constructs infrastructure related to power transmission. The company offers solutions in the areas of Transmission Line, Substations Switchyards, Rural Electrification and Solar Power.

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