Emgee Cablesmmunications (BOM:530333) Inventory Turnover: 0.91 (As of Dec. 2017)

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What is Emgee Cablesmmunications Inventory Turnover?

Emgee Cablesmmunications BOM:530333 Inventory Turnover is 0.91 as of Dec. 2017.

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. Emgee Cablesmmunications's Cost of Goods Sold for the three months ended in Dec. 2017 was ₹488 Mil. Emgee Cablesmmunications's Average Total Inventories for the quarter that ended in Dec. 2017 was ₹538 Mil. Emgee Cablesmmunications's Inventory Turnover for the quarter that ended in Dec. 2017 was 0.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Emgee Cablesmmunications's Days Inventory for the three months ended in Dec. 2017 was 100.62.

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. Emgee Cablesmmunications's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 1.01.

Emgee Cablesmmunications  (BOM:530333) 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.

Emgee Cablesmmunications's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=537.887/487.803*365 / 4
=100.62

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.

Emgee Cablesmmunications's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=537.887 / 534.603
=1.01

* 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.

Emgee Cablesmmunications Inventory Turnover Related Terms

Emgee Cablesmmunications Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Emgee Cablesmmunications'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.

Emgee Cablesmmunications Inventory Turnover Chart

Emgee Cablesmmunications Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.38 8.05 8.18 5.46 4.46

Emgee Cablesmmunications Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 2.98 1.18 1.06 0.63 0.91

Emgee Cablesmmunications Inventory Turnover Calculation

Emgee Cablesmmunications's Inventory Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Inventory Turnover (A: Mar. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2017 ) / ((Total Inventories (A: Mar. 2016 ) + Total Inventories (A: Mar. 2017 )) / count )
=1596.35 / ((305.418 + 410.061) / 2 )
=1596.35 / 357.7395
=4.46

Emgee Cablesmmunications's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover (Q: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2017 ) / ((Total Inventories (Q: Sep. 2017 ) + Total Inventories (Q: Dec. 2017 )) / count )
=487.803 / ((537.887 + 0) / 1 )
=487.803 / 537.887
=0.91

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.91 mean?
Emgee Cablesmmunications (BOM:530333) has a Inventory Turnover of 0.91 as of Dec. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Emgee Cablesmmunications and its competitors.
Is Emgee Cablesmmunications' Inventory Turnover too high?
Emgee Cablesmmunications' current Inventory Turnover is 0.91.
How does Emgee Cablesmmunications' Inventory Turnover compare to ALPP and WAYS?
Emgee Cablesmmunications' Inventory Turnover of 0.91 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Emgee Cablesmmunications and its competitors. Emgee Cablesmmunications's current Inventory Turnover is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emgee Cablesmmunications stock overvalued right now?
Emgee Cablesmmunications (BOM:530333) has a current Inventory Turnover of 0.91. The current Inventory Turnover is 0.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Emgee Cablesmmunications (BOM:530333), the current Inventory Turnover is 0.91 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Emgee Cablesmmunications Business Description

Address Alankar Plaza, Central Spine, T-16, 3rd Floor, Vidhyadhar Nagar, Jaipur, RJ, IND, 302023
Emgee Cables & Communications Ltd is engaged in the manufacture and trade of wires and cables. The company produces copper and copper alloy, wires and conductors, Polymerization of vinyl chloride (PVC) insulated wire and cables, electrical and electronic items, does power transmission and distribution projects on turnkey basis and engineering solutions. The company gives services to energy, construction, consumer and industrial sectors, pump manufactures, aerospace, medical, automobile, telecommunication, electronic, railways, and defense sectors. It derives most of its revenues from the sale of the wires and cables business and has operations spread across India.