Starlite Components (BOM:517548) Inventory Turnover : 60.52 (As of Dec. 2024)

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What is Starlite Components 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. Starlite Components's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹13.80 Mil. Starlite Components's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹0.23 Mil. Starlite Components's Inventory Turnover for the quarter that ended in Dec. 2024 was 60.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Starlite Components's Days Inventory for the three months ended in Dec. 2024 was 1.51.

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. Starlite Components's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

Starlite Components Inventory Turnover Historical Data

The historical data trend for Starlite Components'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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Starlite Components Inventory Turnover Chart

Starlite Components Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.03

2.81

4.80

8.28

20.18

Starlite Components 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															3.57	13.90	18.57	69.26	60.52

Starlite Components Inventory Turnover Calculation

Starlite Components'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 )
=	22.409	/ (	(1.814	+	0.407)	/	2 )
=	22.409	/	1.1105
=	20.18

Starlite Components'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 )
=	13.799	/ (	(0.228	+	0)	/	1 )
=	13.799	/	0.228
=	60.52

Starlite Components (BOM:517548) 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.

Starlite Components'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
	=	0.228	/	13.799	*	365 / 4
	=	1.51

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.

Starlite Components'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 )
	=	0.228	/	14.375
	=	0.02

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.

Starlite Components Inventory Turnover Related Terms

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Starlite Components Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Starlite Components Ltd (BOM:517548) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

MIDC Area, Plot No. F-108, Satpur, Nashik, MH, IND, 422 007

Website

https://www.starlitecomponents.com

Starlite Components Ltd is an Indian company engaged in the manufacturing of electronic ballast and LED (Light Emitting Diode) products. It also manufactures lamp components and drivers, lighting fixtures, fittings, and LED lamps. The product line of the company includes a variety of LED lamps such as integrated spiral, integrated stick, non-integrated stick, CFL lamps, induction lamps, and incandescent lamps. The company also manufactures luminaires such as facades, floodlights, streetlights, underwater, bollard, and others. Its other products include accessories such as ballasts and igniters, drivers and transformers, LED modules, switches, and connectors.

Starlite Components Headlines

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