Bafna Pharmaceuticals (BOM:532989) Inventory Turnover : 0.86 (As of Dec. 2024)

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What is Bafna Pharmaceuticals 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. Bafna Pharmaceuticals's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹236 Mil. Bafna Pharmaceuticals's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹275 Mil. Bafna Pharmaceuticals's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bafna Pharmaceuticals's Days Inventory for the three months ended in Dec. 2024 was 106.10.

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. Bafna Pharmaceuticals's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.83.

Bafna Pharmaceuticals Inventory Turnover Historical Data

The historical data trend for Bafna Pharmaceuticals'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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Bafna Pharmaceuticals Inventory Turnover Chart

Bafna Pharmaceuticals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.61

3.39

2.87

3.60

4.12

Bafna Pharmaceuticals 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															0.79	0.95	0.85	1.01	0.86

Bafna Pharmaceuticals Inventory Turnover Calculation

Bafna Pharmaceuticals'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 )
=	1069.072	/ (	(222.196	+	296.418)	/	2 )
=	1069.072	/	259.307
=	4.12

Bafna Pharmaceuticals'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 )
=	236.259	/ (	(274.712	+	0)	/	1 )
=	236.259	/	274.712
=	0.86

Bafna Pharmaceuticals (BOM:532989) 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.

Bafna Pharmaceuticals'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
	=	274.712	/	236.259	*	365 / 4
	=	106.10

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.

Bafna Pharmaceuticals'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 )
	=	274.712	/	331.876
	=	0.83

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.

Bafna Pharmaceuticals Inventory Turnover Related Terms

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Bafna Pharmaceuticals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bafna Pharmaceuticals Ltd (BOM:532989) » Definitions » Inventory Turnover

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BAFNAPH:India

Address

Thambu Chetty Street, New No. 68, Old No.299, Bafna Towers, Chennai, TN, IND, 600001

Website

http://www.bafnapharma.com

Bafna Pharmaceuticals Ltd is an India-based pharmaceutical company. It is principally engaged in the manufacturing and marketing of drugs and medicines. The company sells its products in India and international regions. The company has only one Segment of Business namely Pharmaceuticals.

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