Donear Industries (BOM:512519) Inventory Turnover : 0.31 (As of Dec. 2023)

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What is Donear Industries 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. Donear Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,037 Mil. Donear Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹3,386 Mil. Donear Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Donear Industries's Days Inventory for the three months ended in Dec. 2023 was 297.98.

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. Donear Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.64.

Donear Industries Inventory Turnover Historical Data

The historical data trend for Donear Industries'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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Donear Industries Inventory Turnover Chart

Donear Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.77

1.65

1.24

1.48

1.74

Donear Industries 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															0.30	0.68	0.30	0.24	0.31

Donear Industries Inventory Turnover Calculation

Donear Industries'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 )
=	5465.95	/ (	(3064.771	+	3211.275)	/	2 )
=	5465.95	/	3138.023
=	1.74

Donear Industries'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 )
=	1036.861	/ (	(3385.961	+	0)	/	1 )
=	1036.861	/	3385.961
=	0.31

Donear Industries (BOM:512519) 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.

Donear Industries'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
	=	3385.961	/	1036.861	*	365 / 4
	=	297.98

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.

Donear Industries'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 )
	=	3385.961	/	2063.564
	=	1.64

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.

Donear Industries Inventory Turnover Related Terms

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Donear Industries (BOM:512519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Donear Industries Ltd (BOM:512519) » Definitions » Inventory Turnover

Traded in Other Exchanges

DONEAR:India

Address

Plot No. A-50, Road No. 1, Donear House, 8th Floor, MIDC, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.donear.com

Donear Industries Ltd is a company engaged in the business of textiles. It operates in two business segment which includes Manufacturing and dealing in textiles which is the key revenue driver; and Rental property. It offers suiting's, trousers and shirting fabrics under brand name Donear and also trades in garments under the brand Dcot. Its products include Cotton fabrics and Polyester viscose fabrics. The finished fabrics are distributed over the counter by retail outlets in several states in India. It also exports its fabrics which include Suits, Trousers, Shirts, Jacketing, Skirts, Workwear, Corporate wear, Uniforms, and Ladies tops.

Donear Industries (BOM:512519) Headlines

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