Tulsyan NEC (BOM:513629) Inventory Turnover : 2.61 (As of Dec. 2024)

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What is Tulsyan NEC 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. Tulsyan NEC's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,762 Mil. Tulsyan NEC's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹675 Mil. Tulsyan NEC's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tulsyan NEC's Days Inventory for the three months ended in Dec. 2024 was 34.99.

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. Tulsyan NEC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.37.

Tulsyan NEC Inventory Turnover Historical Data

The historical data trend for Tulsyan NEC'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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Tulsyan NEC Inventory Turnover Chart

Tulsyan NEC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.15

5.22

8.51

9.87

9.96

Tulsyan NEC 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															2.38	2.92	2.86	2.58	2.61

Tulsyan NEC Inventory Turnover Calculation

Tulsyan NEC'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 )
=	9144.588	/ (	(1021.589	+	814.913)	/	2 )
=	9144.588	/	918.251
=	9.96

Tulsyan NEC'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 )
=	1761.529	/ (	(675.452	+	0)	/	1 )
=	1761.529	/	675.452
=	2.61

Tulsyan NEC (BOM:513629) 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.

Tulsyan NEC'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
	=	675.452	/	1761.529	*	365 / 4
	=	34.99

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.

Tulsyan NEC'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 )
	=	675.452	/	1802.288
	=	0.37

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.

Tulsyan NEC Inventory Turnover Related Terms

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Tulsyan NEC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tulsyan NEC Ltd (BOM:513629) » Definitions » Inventory Turnover

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Address

Miller Tank Bund Road, No. 37, Kaveriappa Layout, Vasanth Nagar, Bangalore, KA, IND, 560 052

Website

http://www.tulsyannec.in

Tulsyan NEC Ltd is a manufacturer of Thermo Mechanically Treated (TMT) Bars in India. Its reportable segments are Steel, Synthetic, and Power. The company generates maximum revenue from the Steel segment. Its products include TMT Bars, sponge, billets, and ingots in the steel division, and in the synthetic division, it includes PP Woven Sacks, FIBC and Woven Fabric. Geographically, it derives a majority of revenue from India.

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