Arcee Industries (BOM:520121) Inventory Turnover : 0.08 (As of Mar. 2024)

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What is Arcee Industries 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. Arcee Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.53 Mil. Arcee Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹6.48 Mil. Arcee Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arcee Industries's Days Inventory for the three months ended in Mar. 2024 was 1,125.76.

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. Arcee Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 10.26.

Arcee Industries Inventory Turnover Historical Data

The historical data trend for Arcee Industries'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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Arcee Industries Inventory Turnover Chart

Arcee Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.49

3.67

7.71

6.34

0.81

Arcee Industries 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															1.90	0.40	0.23	0.06	0.08

Arcee Industries Inventory Turnover Calculation

Arcee Industries'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 )
=	8.769	/ (	(15.234	+	6.477)	/	2 )
=	8.769	/	10.8555
=	0.81

Arcee Industries'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 )
=	0.525	/ (	(0	+	6.477)	/	1 )
=	0.525	/	6.477
=	0.08

Arcee Industries (BOM:520121) 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.

Arcee Industries'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
	=	6.477	/	0.525	*	365 / 4
	=	1,125.76

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.

Arcee Industries'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 )
	=	6.477	/	0.631
	=	10.26

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.

Arcee Industries Inventory Turnover Related Terms

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Arcee Industries (BOM:520121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Arcee Industries Ltd (BOM:520121) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

7th K.M. Barwala Road, Talwandi Rana, Hisar, HR, IND, 125001

Website

http://www.arceeindustries.in

Arcee Industries Ltd is engaged in the manufacture of Rigid polymerization of vinyl chloride PVC Pipes and Fittings. The company is working in two segment PVC pipe & Steel pipe. The majority of revenue is from the Steel Pipe segment. Its products are used in applications such as Rural and Urban water distribution systems; Agriculture irrigation; Protective covering for power and communication cables; Industrial use in chemical industries, sugar industries, and dairy; Air vent systems for toxic gas; Bore well casing and suction pipes; Relining of old sewers; Surface water drainage; Horticultural and greenhouse technology and Internal plumbing water and wastewater supplier domestic and industrial.

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