Narmada Macplast Drip Irrigation Systems (BOM:517431) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Narmada Macplast Drip Irrigation Systems 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. Narmada Macplast Drip Irrigation Systems's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹0.00 Mil. Narmada Macplast Drip Irrigation Systems's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Narmada Macplast Drip Irrigation Systems Inventory Turnover Historical Data

The historical data trend for Narmada Macplast Drip Irrigation Systems'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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Narmada Macplast Drip Irrigation Systems Inventory Turnover Chart

Narmada Macplast Drip Irrigation Systems Annual Data

Trend

Mar15

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Mar24

Inventory Turnover

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Narmada Macplast Drip Irrigation Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Narmada Macplast Drip Irrigation Systems Inventory Turnover Calculation

Narmada Macplast Drip Irrigation Systems'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 )
=	17.185	/ (	(0	+	0)	/	1 )
=	17.185	/	0
=	N/A

Narmada Macplast Drip Irrigation Systems's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Narmada Macplast Drip Irrigation Systems (BOM:517431) 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.

Narmada Macplast Drip Irrigation Systems's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Narmada Macplast Drip Irrigation Systems's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	0
	=

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.

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Narmada Macplast Drip Irrigation Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Narmada Macplast Drip Irrigation Systems Ltd (BOM:517431) » Definitions » Inventory Turnover

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Address

Plot Number 119-120, Santej-Vadsar Road, At and Post Santej, Taluka - Kalol, Gandhi Nagar, GJ, IND, 382721

Website

https://www.narmadadrip.com

Narmada Macplast Drip Irrigation Systems Ltd is engaged in trading of drip irrigation systems. Its products include Spray Nozzles, Spray bodies, Rotors 3500 series among others. It is also engaged in the business of import-export, consultancy of plastic products and raw materials, government Supplies and in liaison work.

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