Bharat Forge (BOM:500493) Inventory Turnover : 0.42 (As of Dec. 2024)

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What is Bharat Forge 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. Bharat Forge's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹14,698 Mil. Bharat Forge's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹35,109 Mil. Bharat Forge's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bharat Forge's Days Inventory for the three months ended in Dec. 2024 was 217.96.

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. Bharat Forge's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.01.

Bharat Forge Inventory Turnover Historical Data

The historical data trend for Bharat Forge'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.

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Bharat Forge Inventory Turnover Chart

Bharat Forge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.63

2.04

2.27

2.38

2.68

Bharat Forge Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.53	0.96	0.57	0.45	0.42

Bharat Forge Inventory Turnover Calculation

Bharat Forge'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 )
=	85029.1	/ (	(31262.54	+	32160.82)	/	2 )
=	85029.1	/	31711.68
=	2.68

Bharat Forge's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	14698.11	/ (	(35108.57	+	0)	/	1 )
=	14698.11	/	35108.57
=	0.42

Bharat Forge (BOM:500493) 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.

Bharat Forge's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	35108.57	/	14698.11	*	365 / 4
	=	217.96

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.

Bharat Forge's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	35108.57	/	34755.45
	=	1.01

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.

Bharat Forge Inventory Turnover Related Terms

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Bharat Forge Business Description

Industry

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BHARATFORG:India

Address

Mundhwa, Pune Cantonment, Pune, MH, IND, 411036

Website

https://www.bharatforge.com

Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.

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