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Titan Securities (BOM:530045) Inventory Turnover : 0.16 (As of Dec. 2024)


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What is Titan Securities 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. Titan Securities's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹23.59 Mil. Titan Securities's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹146.17 Mil. Titan Securities's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Titan Securities's Days Inventory for the three months ended in Dec. 2024 was 565.35.

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. Titan Securities's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.36.


Titan Securities Inventory Turnover Historical Data

The historical data trend for Titan Securities'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.

* Premium members only.

Titan Securities Inventory Turnover Chart

Titan Securities Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 4.36 0.34 0.20 0.44

Titan Securities 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.17 0.09 0.16 0.16

Titan Securities Inventory Turnover Calculation

Titan Securities'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 )
=57.93 / ((126.54 + 138.912) / 2 )
=57.93 / 132.726
=0.44

Titan Securities'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 )
=23.592 / ((146.168 + 0) / 1 )
=23.592 / 146.168
=0.16

* 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.


Titan Securities  (BOM:530045) 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.

Titan Securities'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
=146.168/23.592*365 / 4
=565.35

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.

Titan Securities'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 )
=146.168 / 33.49
=4.36

* 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.


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.


Titan Securities Inventory Turnover Related Terms

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Titan Securities Business Description

Traded in Other Exchanges
N/A
Address
A-2/3, 3rd Floor, Lusa Tower, Azadpur Commercial Complex, Azadpur, Delhi, IND, 110033
Titan Securities Ltd operates as a Non-Banking Financial Institution. It is engaged in the capital markets business sector. The company operates through a business segment namely, Non-banking Financial Company. The company's main business is to invest its funds in financial services. It deals in shares and securities of all listed and unlisted securities, bonds, and debentures and makes its investments in shares, securities, and bonds. It also deals in short-term or long-term finances for reputed and business entities. Geographically, the company operates only in the Indian market.

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