Golden Tobacco (BOM:500151) Inventory Turnover: 0.09 (As of Dec. 2021)

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BOM:500151 Golden Tobacco Ltd BOM:500151
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What is Golden Tobacco Inventory Turnover?

Golden Tobacco BOM:500151 4 Inventory Turnover is 0.09 as of Dec. 2021. GuruFocus rates BOM:500151 with a GF Score™ of 4/100.

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. Golden Tobacco's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹8.8 Mil. Golden Tobacco's Average Total Inventories for the quarter that ended in Dec. 2021 was ₹102.9 Mil. Golden Tobacco's Inventory Turnover for the quarter that ended in Dec. 2021 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Tobacco's Days Inventory for the three months ended in Dec. 2021 was 1,072.80.

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. Golden Tobacco's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 2.71.

Golden Tobacco  (BOM:500151) 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.

Golden Tobacco's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=102.93/8.755*365 / 4
=1,072.80

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.

Golden Tobacco's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=102.93 / 37.974
=2.71

* 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.

Golden Tobacco Inventory Turnover Related Terms

Golden Tobacco Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Golden Tobacco'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.

Golden Tobacco Inventory Turnover Chart

Golden Tobacco Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.96 0.57 0.71 1.00

Golden Tobacco Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.73 0.10 0.06 0.09
BOM:500151
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Golden Tobacco Ltd BOM:500151
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Tobacco Inventory Turnover Calculation

Golden Tobacco's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

Inventory Turnover (A: Mar. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2021 ) / ((Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Mar. 2021 )) / count )
=173.308 / ((239.812 + 107.494) / 2 )
=173.308 / 173.653
=1.00

Golden Tobacco's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover (Q: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2021 ) / ((Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count )
=8.755 / ((102.93 + 0) / 1 )
=8.755 / 102.93
=0.09

* 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 0.09 mean?
Golden Tobacco (BOM:500151) has a Inventory Turnover of 0.09 as of Dec. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Golden Tobacco and its competitors.
Is Golden Tobacco's Inventory Turnover too high?
Golden Tobacco's current Inventory Turnover is 0.09. Overall, Golden Tobacco has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Golden Tobacco's Inventory Turnover compare to PM and MO?
Golden Tobacco's Inventory Turnover of 0.09 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Inventory Turnover depends on the Tobacco Products 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 Golden Tobacco and its competitors. Golden Tobacco's current Inventory Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Tobacco stock overvalued right now?
Golden Tobacco (BOM:500151) has a current Inventory Turnover of 0.09. The current Inventory Turnover is 0.09. Golden Tobacco's overall GF Score™ is 4/100. 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 Golden Tobacco (BOM:500151), the current Inventory Turnover is 0.09 as of Dec. 2021. 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.

Golden Tobacco Business Description

Address At Darjipura, Post Amaliyara, Vadodara, GJ, IND, 390 022
Golden Tobacco Ltd is an Indian based firm engaged in the business of Tobacco. The company is primarily involved in the manufacturing of cigarettes and cigars. Its operating segment includes Tobacco Products and Realty. The company generates maximum revenue from Realty segment. It sells cigarettes and cigars under various brands such as Panama, Chancellor, Golden's, and Steel.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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