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Surya Roshni (BOM:500336) Inventory Turnover : 1.47 (As of Mar. 2024)


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What is Surya Roshni 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. Surya Roshni's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹15,994 Mil. Surya Roshni's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹10,867 Mil. Surya Roshni's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Surya Roshni's Days Inventory for the three months ended in Mar. 2024 was 62.00.

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. Surya Roshni's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.


Surya Roshni Inventory Turnover Historical Data

The historical data trend for Surya Roshni'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.

Surya Roshni Inventory Turnover Chart

Surya Roshni 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 4.85 4.90 6.72 5.82 5.43

Surya Roshni 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 1.40 1.29 1.36 1.38 1.47

Surya Roshni Inventory Turnover Calculation

Surya Roshni'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 )
=60745.4 / ((11523.3 + 10866.9) / 2 )
=60745.4 / 11195.1
=5.43

Surya Roshni'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 )
=15994 / ((0 + 10866.9) / 1 )
=15994 / 10866.9
=1.47

* 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.


Surya Roshni  (BOM:500336) 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.

Surya Roshni'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
=10866.9/15994*365 / 4
=62.00

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.

Surya Roshni'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 )
=10866.9 / 20804.7
=0.52

* 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.


Surya Roshni Inventory Turnover Related Terms

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Surya Roshni (BOM:500336) Business Description

Traded in Other Exchanges
Address
5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international market.

Surya Roshni (BOM:500336) Headlines

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