Shivam Autotech (BOM:532776) Inventory Turnover : 0.69 (As of Dec. 2024)

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What is Shivam Autotech 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. Shivam Autotech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹569 Mil. Shivam Autotech's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹823 Mil. Shivam Autotech's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shivam Autotech's Days Inventory for the three months ended in Dec. 2024 was 132.02.

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. Shivam Autotech's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.73.

Shivam Autotech Inventory Turnover Historical Data

The historical data trend for Shivam Autotech'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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Shivam Autotech Inventory Turnover Chart

Shivam Autotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.00

3.13

2.97

3.35

3.65

Shivam Autotech 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															0.74	1.36	0.71	0.75	0.69

Shivam Autotech Inventory Turnover Calculation

Shivam Autotech'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 )
=	2871.434	/ (	(789.817	+	783.31)	/	2 )
=	2871.434	/	786.5635
=	3.65

Shivam Autotech'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 )
=	569.033	/ (	(823.243	+	0)	/	1 )
=	569.033	/	823.243
=	0.69

Shivam Autotech (BOM:532776) 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.

Shivam Autotech'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
	=	823.243	/	569.033	*	365 / 4
	=	132.02

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.

Shivam Autotech'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 )
	=	823.243	/	1127.387
	=	0.73

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.

Shivam Autotech Inventory Turnover Related Terms

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Shivam Autotech Business Description

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SHIVAMAUTO:India

Address

Golf Course Extension Road, 10, 1st Floor, Tower A, Sector 61, Emaar Digital Greens, Gurugram, HR, IND, 122102

Website

https://www.shivamautotech.com

Shivam Autotech Ltd is a manufacturer of transmission gears and shafts in India. The company produces a variety of auto transmission components mainly for Original Equipment Manufacturers (OEMs). Its product portfolio includes various types of transmission gears, transmission shafts, spline shafts, plungers, power train components, and employing cold. warm, and hot forging techniques. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.

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