Twinstar Industries (BOM:531917) Inventory Turnover : 0.02 (As of Dec. 2021)

View and export this data going back to 2000. Start your Free Trial

What is Twinstar Industries 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. Twinstar Industries's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹0.46 Mil. Twinstar Industries's Average Total Inventories for the quarter that ended in Dec. 2021 was ₹27.48 Mil. Twinstar Industries's Inventory Turnover for the quarter that ended in Dec. 2021 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Twinstar Industries's Days Inventory for the three months ended in Dec. 2021 was 5,450.20.

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.

Twinstar Industries Inventory Turnover Historical Data

The historical data trend for Twinstar Industries'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.

* Premium members only.

Twinstar Industries Inventory Turnover Chart

Twinstar Industries Annual Data

Trend

Mar11

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Inventory Turnover

Get a 7-Day Free Trial

250.55

303.03

55.91

3.72

0.67

Twinstar Industries Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Inventory Turnover	Get a 7-Day Free Trial															-	0.96	-	-	0.02

Twinstar Industries Inventory Turnover Calculation

Twinstar Industries's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Inventory Turnover (A: Mar. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2021 )	/ (	(Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )
=	27.486	/ (	(54.969	+	27.475)	/	2 )
=	27.486	/	41.222
=	0.67

Twinstar Industries's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	0.46	/ (	(27.475	+	0)	/	1 )
=	0.46	/	27.475
=	0.02

Twinstar Industries (BOM:531917) 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.

Twinstar Industries's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	27.475	/	0.46	*	365 / 4
	=	5,450.20

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.

Twinstar Industries's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	27.475	/	0
	=

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.

Twinstar Industries Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Twinstar Industries's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Twinstar Industries (BOM:531917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Twinstar Industries Ltd (BOM:531917) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

TTC MIDC Industrial Area, Plot No. EL178, Mahape, Navi Mumbai, MH, IND, 400701

Website

https://www.twinstar.in

Twinstar Industries Ltd is engaged in providing trading services and internet protocol-based software solutions coupled with information technology services. The company also focuses on business intelligence and analytics services, infrastructure management services, testing and compliance, and others. It provides solutions for government, manufacturing, retail, distribution, telecom, and healthcare.

Twinstar Industries (BOM:531917) Headlines

No Headlines