Tirupati Industries (India) (BOM:531547) Inventory Turnover: 0.87 (As of Dec. 2017)

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What is Tirupati Industries (India) Inventory Turnover?

Tirupati Industries (India) BOM:531547 Inventory Turnover is 0.87 as of Dec. 2017.

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. Tirupati Industries (India)'s Cost of Goods Sold for the three months ended in Dec. 2017 was ₹44.1 Mil. Tirupati Industries (India)'s Average Total Inventories for the quarter that ended in Dec. 2017 was ₹50.9 Mil. Tirupati Industries (India)'s Inventory Turnover for the quarter that ended in Dec. 2017 was 0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tirupati Industries (India)'s Days Inventory for the three months ended in Dec. 2017 was 105.37.

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. Tirupati Industries (India)'s Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 1.25.

Tirupati Industries (India)  (BOM:531547) 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.

Tirupati Industries (India)'s Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=50.868/44.051*365 / 4
=105.37

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.

Tirupati Industries (India)'s Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=50.868 / 40.748
=1.25

* 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.

Tirupati Industries (India) Inventory Turnover Related Terms

Tirupati Industries (India) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tirupati Industries (India)'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.

Tirupati Industries (India) Inventory Turnover Chart

Tirupati Industries (India) Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 6.95 9.64 5.22 2.95

Tirupati Industries (India) Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Mar15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.75 0.74 4.71 0.87

Tirupati Industries (India) Inventory Turnover Calculation

Tirupati Industries (India)'s Inventory Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Inventory Turnover (A: Mar. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2017 ) / ((Total Inventories (A: Mar. 2016 ) + Total Inventories (A: Mar. 2017 )) / count )
=457.713 / ((121.236 + 189.134) / 2 )
=457.713 / 155.185
=2.95

Tirupati Industries (India)'s Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover (Q: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2017 ) / ((Total Inventories (Q: Sep. 2017 ) + Total Inventories (Q: Dec. 2017 )) / count )
=44.051 / ((50.868 + 0) / 1 )
=44.051 / 50.868
=0.87

* 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 0.87 mean?
Tirupati Industries (India) (BOM:531547) has a Inventory Turnover of 0.87 as of Dec. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tirupati Industries (India) and its competitors.
Is Tirupati Industries (India)'s Inventory Turnover too high?
Tirupati Industries (India)'s current Inventory Turnover is 0.87.
How does Tirupati Industries (India)'s Inventory Turnover compare to GLUC?
Tirupati Industries (India)'s Inventory Turnover of 0.87 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Tirupati Industries (India) and its competitors. Tirupati Industries (India)'s current Inventory Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Industries (India) stock overvalued right now?
Tirupati Industries (India) (BOM:531547) has a current Inventory Turnover of 0.87. The current Inventory Turnover is 0.87. 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 Tirupati Industries (India) (BOM:531547), the current Inventory Turnover is 0.87 as of Dec. 2017. 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.

Tirupati Industries (India) Business Description

Address 42 – 45, Emerald Industrial Estate, Dheku, Taluka Khalapur, Raigad, MH, IND, 410203
Tirupati Industries (India) Ltd is mainly engaged in the business of manufacturing and processing of vegetable oil, chemicals derived from oil and allied products. Its product portfolio comprises methyl esters, biodiesel, industrial oils, fatty acids, edible oils, soaps, speciality chemicals, chemicals and laboratory reagents. Under its edible oil brands, it caters to individuals, households, and consumers of all classes. Its GEMChem brand caters to various laboratories and institutions.