Himatsingka Seide (BOM:514043) Inventory Turnover : 0.41 (As of Dec. 2024)

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What is Himatsingka Seide 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. Himatsingka Seide's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,816 Mil. Himatsingka Seide's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹9,359 Mil. Himatsingka Seide's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Himatsingka Seide's Days Inventory for the three months ended in Dec. 2024 was 223.79.

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. Himatsingka Seide's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.35.

Himatsingka Seide Inventory Turnover Historical Data

The historical data trend for Himatsingka Seide'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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Himatsingka Seide Inventory Turnover Chart

Himatsingka Seide Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.10

1.44

1.86

1.65

1.41

Himatsingka Seide 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															0.33	0.40	0.36	0.36	0.41

Himatsingka Seide Inventory Turnover Calculation

Himatsingka Seide'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 )
=	13156.037	/ (	(8848.47	+	9796.423)	/	2 )
=	13156.037	/	9322.4465
=	1.41

Himatsingka Seide'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 )
=	3816.153	/ (	(9358.976	+	0)	/	1 )
=	3816.153	/	9358.976
=	0.41

Himatsingka Seide (BOM:514043) 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.

Himatsingka Seide'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
	=	9358.976	/	3816.153	*	365 / 4
	=	223.79

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.

Himatsingka Seide'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 )
	=	9358.976	/	6914.988
	=	1.35

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.

Himatsingka Seide Inventory Turnover Related Terms

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Himatsingka Seide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Himatsingka Seide Ltd (BOM:514043) » Definitions » Inventory Turnover

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HIMATSEIDE:India

Address

No. 10/24, Kumara Krupa Road, High Grounds, Near Sindhi High School, Bengaluru, KA, IND, 560001

Website

https://www.himatsingka.com

Himatsingka Seide Ltd is engaged in spinning, weaving, and finishing of textiles, and manufacturing home textile products. It produces upholstery fabrics, drapery fabrics and bed linen products such as sheet sets, pillowcases, duvets, comforters, silk yarns, and silk yarns blended with wool and linen under the brand Calvin Klein Home, Barbara Barry, Pimacott, Atmosphere, and Others. Geographically, it derives a majority of its revenue from North America and also has a presence in India and Asia Pacific, Europe, Middle East and Africa, and Rest of the world.

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