Heubach Colorants India (BOM:506390) Inventory Turnover : 1.01 (As of Mar. 2024)

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What is Heubach Colorants 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. Heubach Colorants India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,256 Mil. Heubach Colorants India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1,240 Mil. Heubach Colorants India's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heubach Colorants India's Days Inventory for the three months ended in Mar. 2024 was 90.13.

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. Heubach Colorants India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.

Heubach Colorants India Inventory Turnover Historical Data

The historical data trend for Heubach Colorants 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.

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Heubach Colorants India Inventory Turnover Chart

Heubach Colorants India Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.07

3.34

3.77

3.43

3.83

Heubach Colorants India 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															0.83	0.98	1.06	0.96	1.01

Heubach Colorants India Inventory Turnover Calculation

Heubach Colorants 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 )
=	4854.4	/ (	(1292.996	+	1240.1)	/	2 )
=	4854.4	/	1266.548
=	3.83

Heubach Colorants 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 )
=	1255.5	/ (	(0	+	1240.1)	/	1 )
=	1255.5	/	1240.1
=	1.01

Heubach Colorants India (BOM:506390) 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.

Heubach Colorants 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
	=	1240.1	/	1255.5	*	365 / 4
	=	90.13

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.

Heubach Colorants 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 )
	=	1240.1	/	2049.1
	=	0.61

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.

Heubach Colorants India Inventory Turnover Related Terms

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Heubach Colorants India (BOM:506390) Business Description

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HEUBACHIND:India

Address

D-33, MIDC Road, TTC Industrial Area, Rupa Renaissance, B Wing, 25th Floor, Juinagar, Navi Mumbai, MH, IND, 400 705

Website

https://www.heubach.com

Heubach Colorants India Ltd is engaged in the manufacturing and selling of Specialty Chemicals. It Enables coatings, plastics, inks, and specialty companies to deliver stellar products to their customers. Its products include A-Z of Heubach, Product Finder, Formulation Guide for Corrosion Protection, and Formulation Guide for Automotive Coatings. Its applications include Coatings, Corrosion Protection, Plastics, Printing & Digital Printing, and Special Applications.

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