Shri Keshav Cements & Infra (BOM:530977) Inventory Turnover : 0.59 (As of Jun. 2024)

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What is Shri Keshav Cements & Infra 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. Shri Keshav Cements & Infra's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹182 Mil. Shri Keshav Cements & Infra's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹306 Mil. Shri Keshav Cements & Infra's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shri Keshav Cements & Infra's Days Inventory for the three months ended in Jun. 2024 was 153.44.

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. Shri Keshav Cements & Infra's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.01.

Shri Keshav Cements & Infra Inventory Turnover Historical Data

The historical data trend for Shri Keshav Cements & Infra'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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Shri Keshav Cements & Infra Inventory Turnover Chart

Shri Keshav Cements & Infra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.64

1.96

2.57

2.62

2.52

Shri Keshav Cements & Infra Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.65	0.47	0.63	0.70	0.59

Shri Keshav Cements & Infra Inventory Turnover Calculation

Shri Keshav Cements & Infra'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 )
=	744.234	/ (	(283.717	+	306.328)	/	2 )
=	744.234	/	295.0225
=	2.52

Shri Keshav Cements & Infra's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	182.171	/ (	(306.328	+	0)	/	1 )
=	182.171	/	306.328
=	0.59

Shri Keshav Cements & Infra (BOM:530977) 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.

Shri Keshav Cements & Infra's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	306.328	/	182.171	*	365 / 4
	=	153.44

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.

Shri Keshav Cements & Infra's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	306.328	/	304.408
	=	1.01

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.

Shri Keshav Cements & Infra Inventory Turnover Related Terms

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Shri Keshav Cements & Infra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shri Keshav Cements & Infra Ltd (BOM:530977) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

215/2, Jyoti Tower, Karbhar Galli, Nazar Camp, 6th Cross, Madhavpur Vadgaon, Belgaum, KA, IND, 590005

Website

https://www.keshavcement.com

Shri Keshav Cements & Infra Ltd is an Indian cement and cement products manufacturing company. It is engaged in the manufacture and sale of cement in Karnataka, Goa, and Maharashtra. Its segments include manufacturing and trading in cement, trading in coal, dealers of petrol and diesel, and solar energy generation and sale. The company generates a majority of its revenue from manufacturing and trading in the cement segment.

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