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Whirlpool of India (BOM:500238) Inventory Turnover : 0.90 (As of Mar. 2024)


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What is Whirlpool of 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. Whirlpool of India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹11,167 Mil. Whirlpool of India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹12,471 Mil. Whirlpool of India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Whirlpool of India's Days Inventory for the three months ended in Mar. 2024 was 101.91.

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. Whirlpool of India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.72.


Whirlpool of India Inventory Turnover Historical Data

The historical data trend for Whirlpool of 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.

* Premium members only.

Whirlpool of India Inventory Turnover Chart

Whirlpool of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.12 3.24 3.25 3.32

Whirlpool of India 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 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 0.76 0.94 0.80 0.82 0.90

Whirlpool of India Inventory Turnover Calculation

Whirlpool of India'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 )
=45756.7 / ((15081.7 + 12470.5) / 2 )
=45756.7 / 13776.1
=3.32

Whirlpool of India'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 )
=11166.5 / ((0 + 12470.5) / 1 )
=11166.5 / 12470.5
=0.90

* 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.


Whirlpool of India  (BOM:500238) 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.

Whirlpool of India'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
=12470.5/11166.5*365 / 4
=101.91

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.

Whirlpool of India'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 )
=12470.5 / 17339.9
=0.72

* 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.


Whirlpool of India Inventory Turnover Related Terms

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Whirlpool of India (BOM:500238) Business Description

Traded in Other Exchanges
Address
Plot No. 40, Sector-44, Whirlpool House, Gurugram, HR, IND, 122 002
Whirlpool of India Ltd is an India-based company that is principally engaged in producing and selling major home appliances. Its products consist of refrigerators, washing machines, air conditioners, water purifiers, microwave ovens, small domestic appliances, built-in appliances, and others. The Company's operations predominantly comprise of only one segment i.e. Home Appliances. The company also offers services to customers. The company generates the majority of total revenue from the Indian domestic market, with the rest from overseas markets. The company is headquartered in Gurgaon.

Whirlpool of India (BOM:500238) Headlines

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