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Manugraph India (BOM:505324) Inventory Turnover : 0.20 (As of Mar. 2024)


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What is Manugraph India 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. Manugraph India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹86.3 Mil. Manugraph India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹435.6 Mil. Manugraph India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Manugraph India's Days Inventory for the three months ended in Mar. 2024 was 460.59.

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. Manugraph India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.98.


Manugraph India Inventory Turnover Historical Data

The historical data trend for Manugraph India'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.

Manugraph India Inventory Turnover Chart

Manugraph India 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 1.19 0.33 0.55 1.03 0.93

Manugraph India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.16 0.43 0.11 - 0.20

Manugraph India Inventory Turnover Calculation

Manugraph India'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 )
=483.4 / ((601.435 + 435.6) / 2 )
=483.4 / 518.5175
=0.93

Manugraph India'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 )
=86.3 / ((0 + 435.6) / 1 )
=86.3 / 435.6
=0.20

* 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.


Manugraph India  (BOM:505324) 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.

Manugraph India'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
=435.6/86.3*365 / 4
=460.59

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.

Manugraph India'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 )
=435.6 / 146.1
=2.98

* 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.


Manugraph India Inventory Turnover Related Terms

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Manugraph India (BOM:505324) Business Description

Traded in Other Exchanges
Address
N.A. Sawant Marg, 2nd Floor, Sidhwa House, Colaba, Mumbai, MH, IND, 400 005
Manugraph India Ltd is engaged in the manufacturing and distribution of web offset presses and printing machinery. The company's product portfolio includes products like SMARTLINE, DREAMLINE, FRONTLINE, HILINE, HILINE EXPRESS, 430 MAX, M360, M360-BK, CITYLINE EXPRESS F-1270, F-233, F-1240, F-222, and F-122. The company has one operating segment, which is, the Engineering segment. The majority of its revenue comes from the Indian market, while it has a presence outside India as well.

Manugraph India (BOM:505324) Headlines

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