Disa India (BOM:500068) Inventory Turnover : 0.51 (As of Dec. 2023)

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What is Disa India 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. Disa India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹337 Mil. Disa India's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹666 Mil. Disa India's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Disa India's Days Inventory for the three months ended in Dec. 2023 was 180.44.

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

Disa India Inventory Turnover Historical Data

The historical data trend for Disa 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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Disa India Inventory Turnover Chart

Disa India Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.64

2.11

2.48

3.54

2.88

Disa India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.56	0.91	0.97	0.74	0.51

Disa India Inventory Turnover Calculation

Disa India'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 )
=	1512.4	/ (	(521.9	+	529.3)	/	2 )
=	1512.4	/	525.6
=	2.88

Disa India'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 )
=	336.8	/ (	(666	+	0)	/	1 )
=	336.8	/	666
=	0.51

Disa India (BOM:500068) 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.

Disa India'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
	=	666	/	336.8	*	365 / 4
	=	180.44

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.

Disa India'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 )
	=	666	/	610.4
	=	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.

Disa India Inventory Turnover Related Terms

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Disa India (BOM:500068) Business Description

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Address

26/1, Dr. Rajkumar Road, Brigade Gateway Campus, 6th Floor, Unit No. S-604, World Trade Center, Malleswaram-Rajajinagar, Bengaluru, KA, IND, 560 055

Website

https://www.disagroup.com

Disa India Ltd is an India-based company engaged in the manufacture of foundry machinery and machinery parts. It develops and manufactures a range of metal casting production solutions for the ferrous and non-ferrous foundry industries. Its product portfolio includes DISAMATIC, DISA MATCH and DISA FLEX, among others. Manufacturing and selling of foundry machinery and machinery parts is identified as single operating segment of the company. Geographically the group caters its services in India and overseas markets, of which a majority of revenue is derived within India.

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