Neueon Towers (BOM:532887) Inventory Turnover : 0.00 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Neueon Towers 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. Neueon Towers's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.00 Mil. Neueon Towers's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹49.70 Mil. Neueon Towers's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Neueon Towers's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 410.74.

Neueon Towers Inventory Turnover Historical Data

The historical data trend for Neueon Towers'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.

Neueon Towers Inventory Turnover Chart

Neueon Towers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

3.62

0.49

0.01

Neueon Towers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Neueon Towers Inventory Turnover Calculation

Neueon Towers'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 )
=	0.245	/ (	(49.698	+	49.698)	/	2 )
=	0.245	/	49.698
=	0.00

Neueon Towers'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 )
=	0	/ (	(49.699	+	0)	/	1 )
=	0	/	49.699
=	0.00

Neueon Towers (BOM:532887) 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.

Neueon Towers'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
	=	49.699	/	0	*	365 / 4
	=

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.

Neueon Towers'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 )
	=	49.699	/	0.121
	=	410.74

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.

Neueon Towers Inventory Turnover Related Terms

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

Neueon Towers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Neueon Towers Ltd (BOM:532887) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24, Nagarjuna Hills, Punjagutta, Hyderabad, TG, IND, 500082

Website

https://www.neueon.in

Neueon Towers Ltd is a power transmission and telecom infrastructure industry. Principally, it is engaged in the manufacturing of galvanized steel towers. The company's products and services include Telecom towers, Transmission towers, and Engineering procurement and construction (EPC). The company is operating in one segment: Power and Telecom Tower.

Neueon Towers Headlines

No Headlines