IOL Chemicals And Pharmaceuticals (BOM:524164) Inventory Turnover : 0.94 (As of Dec. 2024)

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What is IOL Chemicals And Pharmaceuticals 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. IOL Chemicals And Pharmaceuticals's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,541 Mil. IOL Chemicals And Pharmaceuticals's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3,757 Mil. IOL Chemicals And Pharmaceuticals's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IOL Chemicals And Pharmaceuticals's Days Inventory for the three months ended in Dec. 2024 was 96.82.

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. IOL Chemicals And Pharmaceuticals's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.72.

IOL Chemicals And Pharmaceuticals Inventory Turnover Historical Data

The historical data trend for IOL Chemicals And Pharmaceuticals'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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IOL Chemicals And Pharmaceuticals Inventory Turnover Chart

IOL Chemicals And Pharmaceuticals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.76

4.66

4.53

4.29

3.79

IOL Chemicals And Pharmaceuticals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.13	0.82	0.79	0.95	0.94

IOL Chemicals And Pharmaceuticals Inventory Turnover Calculation

IOL Chemicals And Pharmaceuticals'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 )
=	14231	/ (	(3255.2	+	4248.4)	/	2 )
=	14231	/	3751.8
=	3.79

IOL Chemicals And Pharmaceuticals's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	3540.5	/ (	(3756.8	+	0)	/	1 )
=	3540.5	/	3756.8
=	0.94

IOL Chemicals And Pharmaceuticals (BOM:524164) 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.

IOL Chemicals And Pharmaceuticals's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	3756.8	/	3540.5	*	365 / 4
	=	96.82

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.

IOL Chemicals And Pharmaceuticals's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	3756.8	/	5233
	=	0.72

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.

IOL Chemicals And Pharmaceuticals Inventory Turnover Related Terms

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IOL Chemicals And Pharmaceuticals Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » IOL Chemicals And Pharmaceuticals Ltd (BOM:524164) » Definitions » Inventory Turnover

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IOLCP:India

Address

85, Industrial Area, 'A', Ludhiana, PB, IND, 141 003

Website

https://www.iolcp.com

IOL Chemicals And Pharmaceuticals Ltd is an India-based pharmaceutical company. The primary activity of the group is the manufacturing and sale of drugs and organic chemicals. The business activity is functioned through the Chemicals and Pharmaceutical segments. The Chemicals segment produces and sells chemicals such as Ethyl Acetate, Acetic Anhydride, Acetyl Chloride, Mono Chloro Acetic Acid, and Iso Butyl benzene, whereas the Pharmaceutical segment produces and sells various active pharmaceutical ingredients such as Ibuprofen, Metformin, Fenofibrate, Lamotrigine, and others. It derives prime revenue from the Pharmaceutical segment. Geographically, the group's products are sold in both the Indian and international markets.

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