Diamond Power Infrastructure (BOM:522163) Inventory Turnover : 0.45 (As of Dec. 2023)

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What is Diamond Power Infrastructure 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. Diamond Power Infrastructure's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹444 Mil. Diamond Power Infrastructure's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹991 Mil. Diamond Power Infrastructure's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Diamond Power Infrastructure's Days Inventory for the three months ended in Dec. 2023 was 203.58.

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. Diamond Power Infrastructure's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.65.

Diamond Power Infrastructure Inventory Turnover Historical Data

The historical data trend for Diamond Power Infrastructure'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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Diamond Power Infrastructure Inventory Turnover Chart

Diamond Power Infrastructure Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar21

Mar22

Mar23

Inventory Turnover

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2.19

2.17

0.32

Diamond Power Infrastructure Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	0.11	0.19	0.61	0.45

Diamond Power Infrastructure Inventory Turnover Calculation

Diamond Power Infrastructure's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	183.281	/ (	(474.04	+	680.137)	/	2 )
=	183.281	/	577.0885
=	0.32

Diamond Power Infrastructure's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	444.003	/ (	(990.596	+	0)	/	1 )
=	444.003	/	990.596
=	0.45

Diamond Power Infrastructure (BOM:522163) 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.

Diamond Power Infrastructure's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	990.596	/	444.003	*	365 / 4
	=	203.58

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.

Diamond Power Infrastructure's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	990.596	/	599.628
	=	1.65

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.

Diamond Power Infrastructure Inventory Turnover Related Terms

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Diamond Power Infrastructure (BOM:522163) Business Description

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DIACABS:India

Address

Corporate Road, PALLADIUM, A-2, 12th Floor, Behind Divya Bhaskar Press, Prahladnagar, Ahmedabad, GJ, IND, 380015

Website

https://www.dicabs.com

Diamond Power Infrastructure Ltd is a manufacturer of power transmission equipment and a turnkey service, provider. The firm produces flexible wires and cables of various voltage grades, conductors, transformers, transmission towers, control, and relay panels, isolators, and engineering, procurement, and construction. The conductors include aluminum conductors, all aluminum alloy conductors, aluminum conductor steel reinforced, aluminum conductor alloy reinforced, and high conductivity alloy conductors. The existing capacities of the firm are in aluminum and alloy rods, alloy, and aluminum conductor steel-reinforced conductors, high tension cable and specialty cables, and power transformers.

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