Jubilant Ingrevia (BOM:543271) Inventory Turnover : 0.48 (As of Dec. 2023)

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What is Jubilant Ingrevia 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. Jubilant Ingrevia's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,086 Mil. Jubilant Ingrevia's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹10,496 Mil. Jubilant Ingrevia's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jubilant Ingrevia's Days Inventory for the three months ended in Dec. 2023 was 188.31.

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. Jubilant Ingrevia's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.09.

Jubilant Ingrevia Inventory Turnover Historical Data

The historical data trend for Jubilant Ingrevia'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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Jubilant Ingrevia Inventory Turnover Chart

Jubilant Ingrevia Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

0.66

3.89

2.77

Jubilant Ingrevia Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									0.57	0.74	0.53	0.48	0.48

Jubilant Ingrevia Inventory Turnover Calculation

Jubilant Ingrevia'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 )
=	26963.97	/ (	(9111.62	+	10351.12)	/	2 )
=	26963.97	/	9731.37
=	2.77

Jubilant Ingrevia'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 )
=	5086	/ (	(10495.6	+	0)	/	1 )
=	5086	/	10495.6
=	0.48

Jubilant Ingrevia (BOM:543271) 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.

Jubilant Ingrevia'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
	=	10495.6	/	5086	*	365 / 4
	=	188.31

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.

Jubilant Ingrevia'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 )
	=	10495.6	/	9604.5
	=	1.09

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.

Jubilant Ingrevia Inventory Turnover Related Terms

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Jubilant Ingrevia (BOM:543271) Business Description

Industry

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JUBLINGREA:India

Address

1-A, Sector 16-A, Noida, UP, IND, 201 301

Website

https://www.jubilantingrevia.com

Jubilant Ingrevia Ltd is a life science products and solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumers, and Industrial customers with its customized products and solutions. It is engaged in the manufacturing and supply of specialty intermediates, nutrition and health solutions, and life science chemicals. Its segments are Speciality Chemicals, Nutrition, and Health Solutions, and Chemical Intermediates, where the Specialty Chemicals include Pyridine & Picolines, Fine chemicals, Agro chemicals, Custom development, and manufacturing organization; Nutrition & Health Solutions consists of Nutrition and health ingredients, Animal nutrition and health solutions, and Human nutrition health solutions; Chemical intermediates consists Acetyls and Speciality ethanol.

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