Marble City India (BOM:531281) Inventory Turnover

: 0.46 (As of Sep. 2022)

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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. Marble City India's Cost of Goods Sold for the three months ended in Sep. 2022 was ₹262.1 Mil. Marble City India's Average Total Inventories for the quarter that ended in Sep. 2022 was ₹575.8 Mil. Marble City India's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marble City India's Days Inventory for the three months ended in Sep. 2022 was 200.47.

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. Marble City India's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 1.88.

Marble City India Inventory Turnover Historical Data

The historical data trend for Marble City India'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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Marble City India Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Inventory Turnover

1.56

1.40

1.04

0.66

1.11

Marble City India Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover																0.32	0.35	0.38	0.19	0.46

Marble City India Inventory Turnover Calculation

Marble City India's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	589.507	/ (	(504.116	+	554.898)	/	2 )
=	589.507	/	529.507
=	1.11

Marble City India's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	262.075	/ (	(0	+	575.754)	/	1 )
=	262.075	/	575.754
=	0.46

Marble City India (BOM:531281) 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.

Marble City India's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	575.754	/	262.075	*	365 / 4
	=	200.47

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.

Marble City India's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	575.754	/	306.106
	=	1.88

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.

Marble City India Inventory Turnover Related Terms

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Marble City India (BOM:531281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Marble City India Ltd (BOM:531281) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Kailash Colony, A -30, S-11, Second Floor, New Delhi, IND, 110048

Website

https://www.marblecity.in

Marble City India Ltd is an India-based company primarily engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The group primarily markets its products in India. The company supplies its products for the projects such as hotels, shopping malls, premium residential complexes, club, motels, factories, corporate headquarters, office, and others.

Marble City India (BOM:531281) Headlines

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