Delton Cables (BOM:504240) Inventory Turnover : 0.82 (As of Dec. 2023)

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What is Delton 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. Delton Cables's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹875 Mil. Delton Cables's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹1,069 Mil. Delton Cables's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delton Cables's Days Inventory for the three months ended in Dec. 2023 was 111.43.

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. Delton Cables's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.97.

Delton Cables Inventory Turnover Historical Data

The historical data trend for Delton 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.

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Delton Cables Inventory Turnover Chart

Delton Cables Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.25

1.89

1.53

1.72

2.62

Delton Cables Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.63	0.80	0.61	0.65	0.82

Delton Cables Inventory Turnover Calculation

Delton Cables's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	2254.116	/ (	(811.544	+	906.486)	/	2 )
=	2254.116	/	859.015
=	2.62

Delton Cables's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	875.284	/ (	(1068.894	+	0)	/	1 )
=	875.284	/	1068.894
=	0.82

Delton Cables (BOM:504240) 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.

Delton Cables's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1068.894	/	875.284	*	365 / 4
	=	111.43

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.

Delton Cables's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1068.894	/	1096.746
	=	0.97

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.

Delton Cables Inventory Turnover Related Terms

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Delton Cables (BOM:504240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delton Cables Ltd (BOM:504240) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Bharat Ram Road, Delton House, 4801, 24, Darya Ganj, New Delhi, IND, 110002

Website

https://www.deltoncables.com

Delton Cables Ltd manufactures and supplies wires, cables, and switchgear in India and internationally. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in Domestic markets.

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