Shanthi Gears (BOM:522034) Inventory Turnover : 0.89 (As of Mar. 2025)

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What is Shanthi Gears 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. Shanthi Gears's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹717 Mil. Shanthi Gears's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹804 Mil. Shanthi Gears's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanthi Gears's Days Inventory for the three months ended in Mar. 2025 was 102.29.

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. Shanthi Gears's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.52.

Shanthi Gears Inventory Turnover Historical Data

The historical data trend for Shanthi Gears'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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Shanthi Gears Inventory Turnover Chart

Shanthi Gears Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

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1.62

2.52

3.52

3.38

3.43

Shanthi Gears Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.87	0.76	0.74	0.75	0.89

Shanthi Gears Inventory Turnover Calculation

Shanthi Gears's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	2843	/ (	(852.3	+	804)	/	2 )
=	2843	/	828.15
=	3.43

Shanthi Gears's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	717.2	/ (	(0	+	804)	/	1 )
=	717.2	/	804
=	0.89

Shanthi Gears (BOM:522034) 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.

Shanthi Gears's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	804	/	717.2	*	365 / 4
	=	102.29

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.

Shanthi Gears's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	804	/	1532.1
	=	0.52

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.

Shanthi Gears Inventory Turnover Related Terms

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Shanthi Gears Business Description

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SHANTIGEAR:India

Address

304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005

Website

https://www.shanthigears.com

Shanthi Gears Ltd is an India-based company, that engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; textile gears, and gear assemblies among others. Geographically the company generates maximum revenue within India and the rest from its customers in America, Europe, and other regions.

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