Tinna Rubber & Infrastructure (BOM:530475) Inventory Turnover : 1.28 (As of Dec. 2024)

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What is Tinna Rubber & Infrastructure 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. Tinna Rubber & Infrastructure's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹700 Mil. Tinna Rubber & Infrastructure's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹546 Mil. Tinna Rubber & Infrastructure's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tinna Rubber & Infrastructure's Days Inventory for the three months ended in Dec. 2024 was 71.10.

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. Tinna Rubber & Infrastructure's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.44.

Tinna Rubber & Infrastructure Inventory Turnover Historical Data

The historical data trend for Tinna Rubber & Infrastructure'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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Tinna Rubber & Infrastructure Inventory Turnover Chart

Tinna Rubber & Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.46

2.62

4.32

5.17

4.98

Tinna Rubber & Infrastructure 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															1.46	1.39	1.67	1.15	1.28

Tinna Rubber & Infrastructure Inventory Turnover Calculation

Tinna Rubber & Infrastructure'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 )
=	2032.699	/ (	(379.559	+	436.177)	/	2 )
=	2032.699	/	407.868
=	4.98

Tinna Rubber & Infrastructure'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 )
=	700.233	/ (	(545.641	+	0)	/	1 )
=	700.233	/	545.641
=	1.28

Tinna Rubber & Infrastructure (BOM:530475) 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.

Tinna Rubber & Infrastructure'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
	=	545.641	/	700.233	*	365 / 4
	=	71.10

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.

Tinna Rubber & Infrastructure'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 )
	=	545.641	/	1226.786
	=	0.44

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.

Tinna Rubber & Infrastructure Inventory Turnover Related Terms

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Tinna Rubber & Infrastructure Business Description

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Address

Mandi Road, Tinna House, No.6 Sultanpur, Mehrauli, New Delhi, IND, 110030

Website

https://www.tinna.in

Tinna Rubber & Infrastructure Ltd is engaged in recycling of the waste tyres/end of life tyres (ELT) and manufacture of value added products. The company manufactures crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber/ ultrafine crumb rubber compound, cut wire shots, polymer composites etc. The products are used for making/ repair of road, tyres and auto part industry. Its manufacturing units are located at Panipat in Haryana, Wada & Varle in Maharashtra, Haldia in West Bengal, Gummidipundi in Tamil Nadu. It operates in single segment namely Crumb Rubber, Crumb Rubber Modifier, Modified Bitumen & Bitumen Emulsion and Allied Products.

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