Cosboard Industries (BOM:530859) Inventory Turnover: 0.45 (As of Sep. 2024)

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BOM:530859 Cosboard Industries Ltd BOM:530859
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What is Cosboard Industries Inventory Turnover?

Cosboard Industries BOM:530859 4 Inventory Turnover is 0.45 as of Sep. 2024. GuruFocus rates BOM:530859 with a GF Score™ of 4/100.

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. Cosboard Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹5.94 Mil. Cosboard Industries's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹13.19 Mil. Cosboard Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cosboard Industries's Days Inventory for the three months ended in Sep. 2024 was 202.71.

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. Cosboard Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.19.

Cosboard Industries  (BOM:530859) 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.

Cosboard Industries's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=13.191/5.938*365 / 4
=202.71

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.

Cosboard Industries's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=13.191 / 6.018
=2.19

* 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.

Cosboard Industries Inventory Turnover Related Terms

Cosboard Industries Inventory Turnover Historical Data

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The historical data trend for Cosboard 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.

Cosboard Industries Inventory Turnover Chart

Cosboard 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 1.19 0.43 0.32 0.03 1.00

Cosboard Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.45
BOM:530859
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Cosboard Industries Ltd BOM:530859
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Cosboard Industries Inventory Turnover Calculation

Cosboard 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 )
=11.693 / ((11.693 + 0) / 1 )
=11.693 / 11.693
=1.00

Cosboard Industries's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=5.938 / ((0 + 13.191) / 1 )
=5.938 / 13.191
=0.45

* 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 0.45 mean?
Cosboard Industries (BOM:530859) has a Inventory Turnover of 0.45 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cosboard Industries and its competitors.
Is Cosboard Industries' Inventory Turnover too high?
Cosboard Industries' current Inventory Turnover is 0.45. Overall, Cosboard Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cosboard Industries' Inventory Turnover compare to competitors?
Cosboard Industries' Inventory Turnover of 0.45 can be compared against companies in the Forest 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 a Forest Products company?
A good Inventory Turnover depends on the Forest 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 Cosboard Industries and its competitors. Cosboard Industries's current Inventory Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosboard Industries stock overvalued right now?
Cosboard Industries (BOM:530859) has a current Inventory Turnover of 0.45. The current Inventory Turnover is 0.45. Cosboard Industries' overall GF Score™ is 4/100. 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 Cosboard Industries (BOM:530859), the current Inventory Turnover is 0.45 as of Sep. 2024. 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.

Cosboard Industries Business Description

Address 411/412 Number 127/1, 2nd Floor, Saikrupa Market, Malakpet, Hyderabad, TG, IND, 500036
Cosboard Industries Ltd is an Indian-based company engaged in manufacturing marketing and distributing the paper product. The company's product portfolio includes Grey, Duplex, Lightweight coated paper, Color file boards, Kraft paper, Newsprint Paper, and Book printing paper. It also manufactures tailor-made special items like colour Paper.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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