Alembic Pharmaceuticals (BOM:533573) Inventory Turnover : 0.24 (As of Jun. 2024)

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What is Alembic 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. Alembic Pharmaceuticals's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹3,941 Mil. Alembic Pharmaceuticals's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹16,435 Mil. Alembic Pharmaceuticals's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alembic Pharmaceuticals's Days Inventory for the three months ended in Jun. 2024 was 380.56.

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. Alembic Pharmaceuticals's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.05.

Alembic Pharmaceuticals Inventory Turnover Historical Data

The historical data trend for Alembic 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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Alembic Pharmaceuticals Inventory Turnover Chart

Alembic Pharmaceuticals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.22

1.14

1.11

1.31

1.28

Alembic Pharmaceuticals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.28	0.30	0.30	0.40	0.24

Alembic Pharmaceuticals Inventory Turnover Calculation

Alembic 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 )
=	20007	/ (	(14752.7	+	16435.4)	/	2 )
=	20007	/	15594.05
=	1.28

Alembic Pharmaceuticals's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	3940.9	/ (	(16435.4	+	0)	/	1 )
=	3940.9	/	16435.4
=	0.24

Alembic Pharmaceuticals (BOM:533573) 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.

Alembic Pharmaceuticals's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	16435.4	/	3940.9	*	365 / 4
	=	380.56

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.

Alembic Pharmaceuticals's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	16435.4	/	15617.3
	=	1.05

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.

Alembic Pharmaceuticals Inventory Turnover Related Terms

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Alembic Pharmaceuticals Business Description

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APLLTD:India

Address

Alembic Road, Vadodara, GJ, IND, 390 003

Website

https://www.alembicpharmaceuticals.com

Alembic Pharmaceuticals Ltd is a specialty and generic drug manufacturing company. The company focuses on manufacturing and marketing generic pharmaceutical products across the globe. Alembic also operates a branded formulation business that covers a range of therapeutic areas such as dermatology, oncology, ophthalmology, and injectable formulations. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

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