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BirlaNu (BOM:509675) Inventory Turnover : 0.68 (As of Dec. 2024)


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What is BirlaNu 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. BirlaNu's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹4,687 Mil. BirlaNu's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹6,886 Mil. BirlaNu's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BirlaNu's Days Inventory for the three months ended in Dec. 2024 was 134.08.

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. BirlaNu's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.86.


BirlaNu Inventory Turnover Historical Data

The historical data trend for BirlaNu'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.

BirlaNu Inventory Turnover Chart

BirlaNu 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 2.55 3.07 3.34 3.02 2.82

BirlaNu 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 0.64 0.73 0.92 0.66 0.68

BirlaNu Inventory Turnover Calculation

BirlaNu'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 )
=19696.548 / ((6841.356 + 7142.021) / 2 )
=19696.548 / 6991.6885
=2.82

BirlaNu'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 )
=4686.6 / ((6886.3 + 0) / 1 )
=4686.6 / 6886.3
=0.68

* 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.


BirlaNu  (BOM:509675) 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.

BirlaNu'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
=6886.3/4686.6*365 / 4
=134.08

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.

BirlaNu'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 )
=6886.3 / 8052.5
=0.86

* 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.


BirlaNu Inventory Turnover Related Terms

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BirlaNu Business Description

Traded in Other Exchanges
Address
SLN Terminus, Survey No.133, L7 Floor, Near Botanical Garden, Office No. 1 & 2, 7th Floor, Gachibowli, Hyderabad, TG, IND, 500032
Website
HIL Ltd is an India-based company engaged in providing building products and solutions. It operates through the segments of Roofing Solutions, Building Solutions, Polymer Solutions, Flooring segments, and Others. The company derives a majority of its revenue from the Roofing solutions segment. Roofing Solutions consists of manufacturing, selling, and distribution of Fiber Cement Sheets, Colored Steel Sheets, and Cement based Non-Asbestos Corrugated Sheets with manufacturing facilities located at Faridabad, Jasidih, Kondapalli, Wada, Sathariya, and Balasore. Geographically, it generates maximum revenue from India.

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