NLC India (BOM:513683) Inventory Turnover : 0.16 (As of Mar. 2024)

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What is NLC 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. NLC India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,331 Mil. NLC India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹14,836 Mil. NLC India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NLC India's Days Inventory for the three months ended in Mar. 2024 was 580.81.

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. NLC India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

NLC India Inventory Turnover Historical Data

The historical data trend for NLC 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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NLC India Inventory Turnover Chart

NLC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.82

1.99

2.74

2.02

1.13

NLC India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.51	0.42	0.23	0.35	0.16

NLC India Inventory Turnover Calculation

NLC 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 )
=	15050	/ (	(11825.1	+	14836.3)	/	2 )
=	15050	/	13330.7
=	1.13

NLC 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 )
=	2330.9	/ (	(0	+	14836.3)	/	1 )
=	2330.9	/	14836.3
=	0.16

NLC India (BOM:513683) 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.

NLC 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
	=	14836.3	/	2330.9	*	365 / 4
	=	580.81

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.

NLC 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 )
	=	14836.3	/	35406.1
	=	0.42

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.

NLC India Inventory Turnover Related Terms

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NLC India (BOM:513683) Business Description

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NLCINDIA:India

Address

Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801

Website

https://www.nlcindia.in

NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

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