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Mafatlal Industries (BOM:500264) Inventory Turnover : 10.31 (As of Sep. 2024)


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What is Mafatlal Industries 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. Mafatlal Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹8,879 Mil. Mafatlal Industries's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹862 Mil. Mafatlal Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 10.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mafatlal Industries's Days Inventory for the three months ended in Sep. 2024 was 8.85.

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. Mafatlal Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.09.


Mafatlal Industries Inventory Turnover Historical Data

The historical data trend for Mafatlal Industries'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.

Mafatlal Industries Inventory Turnover Chart

Mafatlal Industries 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 8.25 8.58 17.77 13.05 19.46

Mafatlal Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.65 3.59 9.25 4.09 10.31

Mafatlal Industries Inventory Turnover Calculation

Mafatlal Industries'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 )
=18111.7 / ((1062.4 + 799.2) / 2 )
=18111.7 / 930.8
=19.46

Mafatlal Industries's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=8878.5 / ((0 + 861.5) / 1 )
=8878.5 / 861.5
=10.31

* 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.


Mafatlal Industries  (BOM:500264) 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.

Mafatlal Industries's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=861.5/8878.5*365 / 4
=8.85

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.

Mafatlal Industries's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=861.5 / 9955.2
=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.


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.


Mafatlal Industries Inventory Turnover Related Terms

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Mafatlal Industries Business Description

Traded in Other Exchanges
N/A
Address
H.T. Parekh Marg, Mafatlal House, 5th Floor, Backbay Reclamation, Mumbai, MH, IND, 400020
Mafatlal Industries Ltd operates in the textile with Textiles and Denim business units. It operates in both, the business-to-business (B2B) and the business-to-consumer (B2C) and retail sectors. Company has three segment Textile and Related Products, Digital Infrastructure and Consumer Durables and Others. The company provides polyester cotton, cotton white shirting business, cotton and viscose prints, and high-twist cotton voiles. The firm offers men's wear, including suitings, trousering, shirtings, and readymades; denim; women's wear, including prints, voiles, and nightwear; school uniforms; corporate uniforms; work uniforms; hospitality uniforms; medical uniforms; bed linen; bath towels; specialty fabrics, and ready-to-stitch.

Mafatlal Industries Headlines

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