Anjani Portland Cement (BOM:518091) Inventory Turnover : 0.30 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Anjani Portland Cement 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. Anjani Portland Cement's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹174 Mil. Anjani Portland Cement's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹571 Mil. Anjani Portland Cement's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anjani Portland Cement's Days Inventory for the three months ended in Mar. 2024 was 300.02.

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. Anjani Portland Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

Anjani Portland Cement Inventory Turnover Historical Data

The historical data trend for Anjani Portland Cement'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.

* Premium members only.

Anjani Portland Cement Inventory Turnover Chart

Anjani Portland Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

2.80

2.30

3.73

1.70

1.34

Anjani Portland Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.43	0.40	0.33	0.43	0.30

Anjani Portland Cement Inventory Turnover Calculation

Anjani Portland Cement'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 )
=	835.7	/ (	(680.4	+	571.1)	/	2 )
=	835.7	/	625.75
=	1.34

Anjani Portland Cement'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 )
=	173.7	/ (	(0	+	571.1)	/	1 )
=	173.7	/	571.1
=	0.30

Anjani Portland Cement (BOM:518091) 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.

Anjani Portland Cement'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
	=	571.1	/	173.7	*	365 / 4
	=	300.02

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.

Anjani Portland Cement'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 )
	=	571.1	/	1578.8
	=	0.36

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.

Anjani Portland Cement Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Anjani Portland Cement's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Anjani Portland Cement (BOM:518091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Anjani Portland Cement Ltd (BOM:518091) » Definitions » Inventory Turnover

Traded in Other Exchanges

APCL:India

Address

Off Taj Deccan Road, Erramanzil, 4th Floor, Quena Square, No. 6-3-553, Unit No. E3 and E4, Hyderabad, TG, IND, 500 082

Website

https://www.anjanicement.com

Anjani Portland Cement Ltd is an Indian-based firm engaged in the manufacturing and trading of cement. Its operating segments include Cement and Power plant. Its product portfolio consists Ordinary Portland Cement (OPC) 53 Grade and 43 Grade; Portland Pozzolana Cement (PPC), and Rapid Hardening Portland Cement (RHPC). It generates maximum revenue from the Cement segment.

Anjani Portland Cement (BOM:518091) Headlines

No Headlines