GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhageria Industries Ltd (BOM:530803) » Definitions » Inventory Turnover

Bhageria Industries (BOM:530803) Inventory Turnover : 2.06 (As of Dec. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Bhageria Industries 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. Bhageria Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹979 Mil. Bhageria Industries's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹476 Mil. Bhageria Industries's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bhageria Industries's Days Inventory for the three months ended in Dec. 2024 was 44.40.

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. Bhageria Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.28.


Bhageria Industries Inventory Turnover Historical Data

The historical data trend for Bhageria Industries'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.

Bhageria Industries Inventory Turnover Chart

Bhageria Industries 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 8.74 5.95 7.32 6.64 7.86

Bhageria Industries 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 1.72 3.11 1.59 1.58 2.06

Bhageria Industries Inventory Turnover Calculation

Bhageria Industries'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 )
=3412.371 / ((430.947 + 437.648) / 2 )
=3412.371 / 434.2975
=7.86

Bhageria Industries'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 )
=979.085 / ((476.345 + 0) / 1 )
=979.085 / 476.345
=2.06

* 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.


Bhageria Industries  (BOM:530803) 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.

Bhageria Industries'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
=476.345/979.085*365 / 4
=44.40

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.

Bhageria Industries'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 )
=476.345 / 1703.533
=0.28

* 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.


Bhageria Industries Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Bhageria Industries's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Bhageria Industries Business Description

Traded in Other Exchanges
Address
Off S.V. Road, Office No. 1002, 10th Floor, Topiwala Centre, Near Goregaon Railway Station, Goregaon (West), Mumbai, MH, IND, 400062
Bhageria Industries Ltd is engaged in the manufacturing and trading of Dyes and Dyes Intermediate, generation and distribution of solar power, and also functions as an Engineering, Procurement and Construction (EPC) contractor. The company's primary business segments include Chemical, Solar Power, and Others. A majority of its revenue is generated from the Chemicals segment which is engaged in the business of dyes, dyes intermediates, and basic chemicals. Geographically, the company derives its key revenue within India and also exports its products to other countries like Korea, Japan, Taiwan, China, Germany, Indonesia, Thailand, and others.

Bhageria Industries Headlines

No Headlines