Nitta Gelatin India (BOM:506532) Inventory Turnover : 0.64 (As of Mar. 2025)

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What is Nitta Gelatin 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. Nitta Gelatin India's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹587 Mil. Nitta Gelatin India's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹918 Mil. Nitta Gelatin India's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitta Gelatin India's Days Inventory for the three months ended in Mar. 2025 was 142.85.

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. Nitta Gelatin India's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.71.

Nitta Gelatin India Inventory Turnover Historical Data

The historical data trend for Nitta Gelatin 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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Nitta Gelatin India Inventory Turnover Chart

Nitta Gelatin India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

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2.38

2.92

2.76

2.39

2.61

Nitta Gelatin India Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.63	0.66	0.75	0.75	0.64

Nitta Gelatin India Inventory Turnover Calculation

Nitta Gelatin India's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	2459.015	/ (	(964.263	+	918.253)	/	2 )
=	2459.015	/	941.258
=	2.61

Nitta Gelatin India's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	586.583	/ (	(0	+	918.253)	/	1 )
=	586.583	/	918.253
=	0.64

Nitta Gelatin India (BOM:506532) 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.

Nitta Gelatin India's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	918.253	/	586.583	*	365 / 4
	=	142.85

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.

Nitta Gelatin India's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	918.253	/	1291.712
	=	0.71

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.

Nitta Gelatin India Inventory Turnover Related Terms

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Nitta Gelatin India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nitta Gelatin India Ltd (BOM:506532) » Definitions » Inventory Turnover

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Address

56/715, SBT Avenue, Post Box No. 4262, Panampilly Nagar, Kochi, KL, IND, 682 036

Website

https://www.gelatin.in

Nitta Gelatin India Ltd is an India-based manufacturer and seller of Gelatin, Di-Calcium Phosphate, Ossein and Collagen peptides. The company's product range includes Gelatin for pharmaceuticals and food applications, Wellnex collagen peptides for joint health and skin beauty, Di-Calcium Phosphate as a poultry feed ingredient, NutriGold as an agricultural growth promoter, and Ossein and Chitosan for agricultural and industrial applications. Geographically, the company sells its products in India and other countries.

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