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Universal Cables (BOM:504212) Inventory Turnover : 1.03 (As of Dec. 2024)


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What is Universal Cables 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. Universal Cables's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹4,735 Mil. Universal Cables's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹4,612 Mil. Universal Cables's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Cables's Days Inventory for the three months ended in Dec. 2024 was 88.89.

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. Universal Cables's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.76.


Universal Cables Inventory Turnover Historical Data

The historical data trend for Universal Cables'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.

Universal Cables Inventory Turnover Chart

Universal Cables 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 4.20 3.60 5.04 5.82 5.28

Universal Cables 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 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 1.05 1.49 1.28 1.06 1.03

Universal Cables Inventory Turnover Calculation

Universal Cables'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 )
=14908.688 / ((2802.682 + 2840.152) / 2 )
=14908.688 / 2821.417
=5.28

Universal Cables'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 )
=4735.111 / ((4612.429 + 0) / 1 )
=4735.111 / 4612.429
=1.03

* 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.


Universal Cables  (BOM:504212) 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.

Universal Cables'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
=4612.429/4735.111*365 / 4
=88.89

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.

Universal Cables'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 )
=4612.429 / 6075.379
=0.76

* 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.


Universal Cables Inventory Turnover Related Terms

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Universal Cables Business Description

Traded in Other Exchanges
Address
P.O. Birla Vikas, Satna, MP, IND, 485005
Universal Cables Ltd is an Indian based firm. The company is mainly engaged in manufacturing, and sales of electrical and other cables, capacitors, conductors, and related products. Its product portfolio comprises of extra-high voltage, medium-low voltage power and control cables, and low-high tension capacitors. The company is organized into one segment that is Electrical and other Cables, Capacitors, Wires, and Conductors.

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