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Terai Tea Co (BOM:530533) Inventory Turnover : 4.58 (As of Dec. 2024)


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What is Terai Tea Co 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. Terai Tea Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹266 Mil. Terai Tea Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹58 Mil. Terai Tea Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Terai Tea Co's Days Inventory for the three months ended in Dec. 2024 was 19.92.

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. Terai Tea Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.17.


Terai Tea Co Inventory Turnover Historical Data

The historical data trend for Terai Tea Co'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.

Terai Tea Co Inventory Turnover Chart

Terai Tea Co 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 22.02 19.57 28.98 38.33 52.20

Terai Tea Co 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 7.60 37.83 11.49 4.29 4.58

Terai Tea Co Inventory Turnover Calculation

Terai Tea Co'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 )
=926.753 / ((23.647 + 11.864) / 2 )
=926.753 / 17.7555
=52.20

Terai Tea Co'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 )
=266.485 / ((58.174 + 0) / 1 )
=266.485 / 58.174
=4.58

* 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.


Terai Tea Co  (BOM:530533) 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.

Terai Tea Co'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
=58.174/266.485*365 / 4
=19.92

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.

Terai Tea Co'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 )
=58.174 / 350.963
=0.17

* 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.


Terai Tea Co Inventory Turnover Related Terms

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Terai Tea Co Business Description

Traded in Other Exchanges
N/A
Address
Sevoke Road, 2nd Mile, Agarwala House, Siliguri, WB, IND, 734001
Terai Tea Co Ltd is a tea manufacturing company in North Bengal, India. In addition, it is engaged in the trading of sugar, Raw Jute, and various merchandise fabrics. The company is also involved in the export of various merchandise to Bangladesh and other Middle East countries.

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