CESC (BOM:500084) Inventory Turnover : 2.32 (As of Mar. 2024)

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What is CESC 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. CESC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹20,390 Mil. CESC's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹8,780 Mil. CESC's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CESC's Days Inventory for the three months ended in Mar. 2024 was 39.29.

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. CESC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

CESC Inventory Turnover Historical Data

The historical data trend for CESC'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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CESC Inventory Turnover Chart

CESC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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9.81

9.78

11.73

11.88

11.35

CESC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.01	3.21	4.80	3.52	2.32

CESC Inventory Turnover Calculation

CESC's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	99780	/ (	(8802.2	+	8780)	/	2 )
=	99780	/	8791.1
=	11.35

CESC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	20390	/ (	(0	+	8780)	/	1 )
=	20390	/	8780
=	2.32

CESC (BOM:500084) 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.

CESC's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	8780	/	20390	*	365 / 4
	=	39.29

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.

CESC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	8780	/	33870
	=	0.26

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.

CESC Inventory Turnover Related Terms

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CESC (BOM:500084) Business Description

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CESC:India

Address

CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001

Website

https://www.cesc.co.in

CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.

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