Adani Power (BOM:533096) Inventory Turnover : 1.84 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Adani Power 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. Adani Power's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹76,132 Mil. Adani Power's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹41,421 Mil. Adani Power's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adani Power's Days Inventory for the three months ended in Mar. 2024 was 49.65.

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. Adani Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

Adani Power Inventory Turnover Historical Data

The historical data trend for Adani Power'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.

Adani Power Inventory Turnover Chart

Adani Power Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

10.38

7.31

7.86

9.83

8.09

Adani Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.52	2.25	2.29	2.51	1.84

Adani Power Inventory Turnover Calculation

Adani Power'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 )
=	291788.9	/ (	(30752	+	41421)	/	2 )
=	291788.9	/	36086.5
=	8.09

Adani Power's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	76132.1	/ (	(0	+	41421)	/	1 )
=	76132.1	/	41421
=	1.84

Adani Power (BOM:533096) 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.

Adani Power's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	41421	/	76132.1	*	365 / 4
	=	49.65

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.

Adani Power's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	41421	/	133636.9
	=	0.31

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.

Adani Power Inventory Turnover Related Terms

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

Adani Power (BOM:533096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Power Ltd (BOM:533096) » Definitions » Inventory Turnover

Traded in Other Exchanges

ADANIPOWER:India

Address

Shantigram, Near Vaishnodevi Circle, S G Highway, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanipower.com

Adani Power Ltd is an electric utility company that produces and transmits energy from its portfolio of power plants located throughout India. The company produces its energy using thermal fuel sources, such as coal but also owns facilities that utilize solar and steam generation. Adani Power generates the vast majority of its revenue through the sale of electricity to state distribution companies and the transmission of energy to the state and central utilities. The company's electricity sales are structured through long-term agreements. Adani Power is India's private power producer, owns the world's private coal-based power plant, and is a part of the conglomerate that is India's coal importer.

Adani Power (BOM:533096) Headlines

No Headlines