Naraingarh Sugar Mills (BOM:531457) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Naraingarh Sugar 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. Naraingarh Sugar Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹313.5 Mil. Naraingarh Sugar Mills's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naraingarh Sugar Mills's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Naraingarh Sugar Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Naraingarh Sugar Mills Inventory Turnover Historical Data

The historical data trend for Naraingarh Sugar 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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Naraingarh Sugar Mills Inventory Turnover Chart

Naraingarh Sugar Mills Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Inventory Turnover

5.88

3.75

6.90

8.17

Naraingarh Sugar Mills Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Dec22	Dec23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	1.20	-

Naraingarh Sugar Mills Inventory Turnover Calculation

Naraingarh Sugar Mills's Inventory Turnover for the fiscal year that ended in Mar. 2020 is calculated as

	Inventory Turnover (A: Mar. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2020 )	/ (	(Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )
=	1888.69	/ (	(173.004	+	289.476)	/	2 )
=	1888.69	/	231.24
=	8.17

Naraingarh Sugar Mills's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	313.452	/ (	(0	+	0)	/	1 )
=	313.452	/	0
=	N/A

Naraingarh Sugar Mills (BOM:531457) 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.

Naraingarh Sugar Mills's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	313.452	*	365 / 4
	=	0.00

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.

Naraingarh Sugar Mills's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	372.243
	=	0.00

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.

Naraingarh Sugar Mills Inventory Turnover Related Terms

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Naraingarh Sugar Mills (BOM:531457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naraingarh Sugar Mills Ltd (BOM:531457) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001

Website

http://www.naraingarhsugarmillsltd.com

Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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