Mawana Sugars (BOM:523371) Inventory Turnover : 0.27 (As of Mar. 2024)

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What is Mawana Sugars 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. Mawana Sugars's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,411 Mil. Mawana Sugars's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹8,779 Mil. Mawana Sugars's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mawana Sugars's Days Inventory for the three months ended in Mar. 2024 was 332.30.

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. Mawana Sugars's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.76.

Mawana Sugars Inventory Turnover Historical Data

The historical data trend for Mawana Sugars'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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Mawana Sugars Inventory Turnover Chart

Mawana Sugars Annual Data

Trend

Sep13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.20

1.49

1.65

1.81

1.43

Mawana Sugars 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															0.39	0.41	1.15	0.75	0.27

Mawana Sugars Inventory Turnover Calculation

Mawana Sugars'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 )
=	11182.8	/ (	(6877.5	+	8779.2)	/	2 )
=	11182.8	/	7828.35
=	1.43

Mawana Sugars'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 )
=	2410.8	/ (	(0	+	8779.2)	/	1 )
=	2410.8	/	8779.2
=	0.27

Mawana Sugars (BOM:523371) 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.

Mawana Sugars'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
	=	8779.2	/	2410.8	*	365 / 4
	=	332.30

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.

Mawana Sugars'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 )
	=	8779.2	/	3180.3
	=	2.76

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.

Mawana Sugars Inventory Turnover Related Terms

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Mawana Sugars (BOM:523371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mawana Sugars Ltd (BOM:523371) » Definitions » Inventory Turnover

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MAWANASUG:India

Address

Plot No. 03, Institutional Area, Sector - 32, Gurugram, HR, IND, 122001

Website

https://www.mawanasugars.com

Mawana Sugars Ltd is an Indian company engaged in the manufacture and marketing of Sugar and related by-products from Sugar Cane and Co-generation of Power and production of Ethanol. It manufactures and sells white sugar, refined sugar, among others. The company's business Segment includes Sugar, Power, and Distillery. Majority of its revenue comes from the sugar business.

Mawana Sugars (BOM:523371) Headlines

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