Empee Sugars And Chemicals (BOM:500132) Inventory Turnover: 1.03 (As of Mar. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Empee Sugars And Chemicals Inventory Turnover?

Empee Sugars And Chemicals BOM:500132 Inventory Turnover is 1.03 as of Mar. 2018.

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. Empee Sugars And Chemicals's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹175.2 Mil. Empee Sugars And Chemicals's Average Total Inventories for the quarter that ended in Mar. 2018 was ₹169.8 Mil. Empee Sugars And Chemicals's Inventory Turnover for the quarter that ended in Mar. 2018 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empee Sugars And Chemicals's Days Inventory for the six months ended in Mar. 2018 was 176.92.

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. Empee Sugars And Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 1.03.

Empee Sugars And Chemicals  (BOM:500132) 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.

Empee Sugars And Chemicals's Days Inventory for the six months ended in Mar. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2018 )/Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=169.8405/175.193*365 / 2
=176.92

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.

Empee Sugars And Chemicals's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=169.8405 / 165.67
=1.03

* 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.

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.

Empee Sugars And Chemicals Inventory Turnover Related Terms

Empee Sugars And Chemicals Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Empee Sugars And Chemicals'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.

Empee Sugars And Chemicals Inventory Turnover Chart

Empee Sugars And Chemicals Annual Data
Trend Jun08 Mar09 Mar10 Mar11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 3.32 5.11 1.03

Empee Sugars And Chemicals Semi-Annual Data
Jun07 Jun08 Mar10 Mar11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 3.32 5.11 1.03

Empee Sugars And Chemicals Inventory Turnover Calculation

Empee Sugars And Chemicals's Inventory Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Inventory Turnover (A: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2018 ) / ((Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count )
=175.193 / ((148.832 + 190.849) / 2 )
=175.193 / 169.8405
=1.03

Empee Sugars And Chemicals's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover (Q: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2018 ) / ((Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count )
=175.193 / ((148.832 + 190.849) / 2 )
=175.193 / 169.8405
=1.03

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.03 mean?
Empee Sugars And Chemicals (BOM:500132) has a Inventory Turnover of 1.03 as of Mar. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Empee Sugars And Chemicals and its competitors.
Is Empee Sugars And Chemicals' Inventory Turnover too high?
Empee Sugars And Chemicals' current Inventory Turnover is 1.03.
How does Empee Sugars And Chemicals' Inventory Turnover compare to competitors?
Empee Sugars And Chemicals' Inventory Turnover of 1.03 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Empee Sugars And Chemicals and its competitors. Empee Sugars And Chemicals's current Inventory Turnover is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empee Sugars And Chemicals stock overvalued right now?
Empee Sugars And Chemicals (BOM:500132) has a current Inventory Turnover of 1.03. The current Inventory Turnover is 1.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Empee Sugars And Chemicals (BOM:500132), the current Inventory Turnover is 1.03 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empee Sugars And Chemicals Business Description

Address No. 59, Harris Road, Empee Tower, Pudupet, Chennai, TN, IND, 600002
Empee Sugars And Chemicals Ltd engages in the manufacturing of sugar. The company operates sugar complex with downstream products like Molasses, Rectified Spirit / Extra Neutral Alcohol, Biomass Fertilizers, and Power. Its segments consist of Sugar, IAP, and Power. Majority of the revenue is derived from the sale of sugar and its by-products.