Balaji Amines (BOM:530999) Inventory Turnover : 0.60 (As of Dec. 2024)

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What is Balaji Amines 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. Balaji Amines's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,776 Mil. Balaji Amines's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹2,946 Mil. Balaji Amines's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balaji Amines's Days Inventory for the three months ended in Dec. 2024 was 151.38.

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. Balaji Amines's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.94.

Balaji Amines Inventory Turnover Historical Data

The historical data trend for Balaji Amines'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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Balaji Amines Inventory Turnover Chart

Balaji Amines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.83

5.85

7.46

4.80

3.11

Balaji Amines 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															0.91	0.79	0.76	0.64	0.60

Balaji Amines Inventory Turnover Calculation

Balaji Amines'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 )
=	9174.473	/ (	(3028.137	+	2868.991)	/	2 )
=	9174.473	/	2948.564
=	3.11

Balaji Amines'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 )
=	1775.969	/ (	(2946.166	+	0)	/	1 )
=	1775.969	/	2946.166
=	0.60

Balaji Amines (BOM:530999) 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.

Balaji Amines'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
	=	2946.166	/	1775.969	*	365 / 4
	=	151.38

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.

Balaji Amines'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 )
	=	2946.166	/	3127.284
	=	0.94

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.

Balaji Amines Inventory Turnover Related Terms

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Balaji Amines Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Balaji Amines Ltd (BOM:530999) » Definitions » Inventory Turnover

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BALAMINES:India

Address

Plot No. 47, Kavuri Hills, Balaji Bhawan, Behind Jubilee Ridge Hotel, Madhapur, Hyderabad, TG, IND, 500 003

Website

https://www.balajiamines.com

Balaji Amines Ltd manufactures Methylamines, Ethylamine, Derivatives of specialty chemicals, and Pharma Excipients. The business activity of the firm is operated through the Chemicals and Hotel segments. The products of the company include Monoethylamine, Diethylamine, Triethylamine, Dimethyl amino ethanol, Diethyl amino ethanol, and others. In addition, it offers specialty chemicals such as N-Methyl Pyrrolidone, Morpholine, Dimethylformamide, Gamma-Butyrolactone, and others. The company derives key revenue from the Chemicals segment. All the business activity is operated in India.

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