Apex Buildsys (BOM:531615) Inventory Turnover: 1.96 (As of Mar. 2016)

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What is Apex Buildsys Inventory Turnover?

Apex Buildsys BOM:531615 Inventory Turnover is 1.96 as of Mar. 2016.

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. Apex Buildsys's Cost of Goods Sold for the six months ended in Mar. 2016 was ₹751.5 Mil. Apex Buildsys's Average Total Inventories for the quarter that ended in Mar. 2016 was ₹382.9 Mil. Apex Buildsys's Inventory Turnover for the quarter that ended in Mar. 2016 was 1.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apex Buildsys's Days Inventory for the six months ended in Mar. 2016 was 92.98.

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. Apex Buildsys's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.44.

Apex Buildsys  (BOM:531615) 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.

Apex Buildsys's Days Inventory for the six months ended in Mar. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2016 )/Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=382.8815/751.48*365 / 2
=92.98

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.

Apex Buildsys's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=382.8815 / 876.339
=0.44

* 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.

Apex Buildsys Inventory Turnover Related Terms

Apex Buildsys Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apex Buildsys'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.

Apex Buildsys Inventory Turnover Chart

Apex Buildsys Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Inventory Turnover
Get a 7-Day Free Trial 11.24 13.04 4.33 3.23 1.96

Apex Buildsys Semi-Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Inventory Turnover Get a 7-Day Free Trial 11.24 13.04 4.33 3.23 1.96

Apex Buildsys Inventory Turnover Calculation

Apex Buildsys's Inventory Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Inventory Turnover (A: Mar. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2016 ) / ((Total Inventories (A: Mar. 2015 ) + Total Inventories (A: Mar. 2016 )) / count )
=751.48 / ((424.318 + 341.445) / 2 )
=751.48 / 382.8815
=1.96

Apex Buildsys's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover (Q: Mar. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2016 ) / ((Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count )
=751.48 / ((424.318 + 341.445) / 2 )
=751.48 / 382.8815
=1.96

* 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 1.96 mean?
Apex Buildsys (BOM:531615) has a Inventory Turnover of 1.96 as of Mar. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apex Buildsys and its competitors.
Is Apex Buildsys' Inventory Turnover too high?
Apex Buildsys' current Inventory Turnover is 1.96.
How does Apex Buildsys' Inventory Turnover compare to GDSI and CMXC?
Apex Buildsys' Inventory Turnover of 1.96 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Apex Buildsys and its competitors. Apex Buildsys's current Inventory Turnover is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Buildsys stock overvalued right now?
Apex Buildsys (BOM:531615) has a current Inventory Turnover of 1.96. The current Inventory Turnover is 1.96. 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 Apex Buildsys (BOM:531615), the current Inventory Turnover is 1.96 as of Mar. 2016. 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.

Apex Buildsys Business Description

Address Plot no. 17, Phase 4, Sector 18, INCUSPAZE CAMPUS, 5th Floor, Udyog Vihar, Gurugram, HR, IND, 122015
Apex Buildsys Ltd is the Pre Engineered Steel Buildings Manufacturer Company. The company deals with Heavy Fabrications, and Turnkey Solution. Its business segment includes Metal Products and Allied Services, Entertainment Business and others. It is further divided into three divisions namely Engineering division, Manufacturing division, and Execution division. The company generates a majority of its revenue from Metal Products.