Tuni Textile Mills (BOM:531411) Inventory Turnover : 0.71 (As of Dec. 2024)

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What is Tuni Textile Mills 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. Tuni Textile Mills's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹182.1 Mil. Tuni Textile Mills's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹258.2 Mil. Tuni Textile Mills's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuni Textile Mills's Days Inventory for the three months ended in Dec. 2024 was 129.43.

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. Tuni Textile Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.29.

Tuni Textile Mills Inventory Turnover Historical Data

The historical data trend for Tuni Textile Mills'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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Tuni Textile Mills Inventory Turnover Chart

Tuni Textile Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.27

1.36

2.21

2.06

2.35

Tuni Textile Mills 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															0.42	1.08	0.91	0.57	0.71

Tuni Textile Mills Inventory Turnover Calculation

Tuni Textile Mills'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 )
=	506.049	/ (	(196.366	+	233.771)	/	2 )
=	506.049	/	215.0685
=	2.35

Tuni Textile Mills'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 )
=	182.071	/ (	(258.244	+	0)	/	1 )
=	182.071	/	258.244
=	0.71

Tuni Textile Mills (BOM:531411) 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.

Tuni Textile Mills'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
	=	258.244	/	182.071	*	365 / 4
	=	129.43

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.

Tuni Textile Mills'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 )
	=	258.244	/	200.854
	=	1.29

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.

Tuni Textile Mills Inventory Turnover Related Terms

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Tuni Textile Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tuni Textile Mills Ltd (BOM:531411) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Andheri Kurla road, Unit No. 207, Building No. 3A, 2nd Floor, Mittal Industrial Estate, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.tunitextiles.com

Tuni Textile Mills Ltd is a textile manufacturing company. It is engaged in manufacturing synthetic shirting. The company also focuses on trading activities and job work. The business operates in one segment which is the manufacturing of Synthetic Fabric. The finished fabrics generate maximum revenue for the company. It operates its business only in the Indian market.

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