Nutraplus India (BOM:524764) Inventory Turnover : 9.03 (As of Mar. 2020)

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What is Nutraplus India 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. Nutraplus India's Cost of Goods Sold for the three months ended in Mar. 2020 was ₹321 Mil. Nutraplus India's Average Total Inventories for the quarter that ended in Mar. 2020 was ₹36 Mil. Nutraplus India's Inventory Turnover for the quarter that ended in Mar. 2020 was 9.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nutraplus India's Days Inventory for the three months ended in Mar. 2020 was 10.10.

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. Nutraplus India's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.26.

Nutraplus India Inventory Turnover Historical Data

The historical data trend for Nutraplus India'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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Nutraplus India Inventory Turnover Chart

Nutraplus India Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Inventory Turnover

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3.03

3.48

3.53

5.77

Nutraplus India Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Mar21
Inventory Turnover	Get a 7-Day Free Trial															0.64	0.74	0.72	9.03	-

Nutraplus India Inventory Turnover Calculation

Nutraplus India's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Inventory Turnover (A: Mar. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2021 )	/ (	(Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )
=	0	/ (	(35.538	+	35.538)	/	2 )
=	0	/	35.538
=	0.00

Nutraplus India's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

	Inventory Turnover (Q: Mar. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2020 )	/ (	(Total Inventories (Q: Dec. 2019 )	+	Total Inventories (Q: Mar. 2020 ))	/	count )
=	320.958	/ (	(0	+	35.538)	/	1 )
=	320.958	/	35.538
=	9.03

Nutraplus India (BOM:524764) 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.

Nutraplus India's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2020 )	/	Cost of Goods Sold (Q: Mar. 2020 )	*	Days in Period
	=	35.538	/	320.958	*	365 / 4
	=	10.10

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.

Nutraplus India's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2020 )	/	Revenue (Q: Mar. 2020 )
	=	35.538	/	137.598
	=	0.26

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.

Nutraplus India Inventory Turnover Related Terms

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Nutraplus India (BOM:524764) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nutraplus India Ltd (BOM:524764) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Subhash Road End,, 326-A, Pioneer Industrial Estate, Pioneer Eyelets Mfg. Co. Ltd., Jogeshwari (East), Mumbai, MH, IND, 400060

Website

http://www.nutraplusindia.com

Nutraplus India Ltd is an India based company engaged in manufacturing of active pharmaceutical ingredients (API), intermediates and contract manufacturing of intermediates. It produces bulk drugs, and specialty chemicals and intermediates. The company's product portfolio encompasses therapeutic categories like analgesic, anti-asthma, antimalarial, anti-protozoan infections, mucolyting agent, and antihelmintic.

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