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Tijaria Polypipes (BOM:533629) Inventory Turnover : 0.22 (As of Mar. 2024)


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What is Tijaria Polypipes 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. Tijaria Polypipes's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.03 Mil. Tijaria Polypipes's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹4.63 Mil. Tijaria Polypipes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tijaria Polypipes's Days Inventory for the three months ended in Mar. 2024 was 410.05.

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. Tijaria Polypipes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.34.


Tijaria Polypipes Inventory Turnover Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes Inventory Turnover Chart

Tijaria Polypipes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 3.65 5.18 5.03 0.32

Tijaria Polypipes 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.59 0.09 - - 0.22

Tijaria Polypipes Inventory Turnover Calculation

Tijaria Polypipes'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 )
=1.466 / ((5.047 + 4.114) / 2 )
=1.466 / 4.5805
=0.32

Tijaria Polypipes'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 )
=1.03 / ((5.143 + 4.114) / 2 )
=1.03 / 4.6285
=0.22

* 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.


Tijaria Polypipes  (BOM:533629) 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.

Tijaria Polypipes'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
=4.6285/1.03*365 / 4
=410.05

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.

Tijaria Polypipes'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 )
=4.6285 / 1.066
=4.34

* 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.


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.


Tijaria Polypipes Inventory Turnover Related Terms

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Tijaria Polypipes (BOM:533629) Business Description

Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

Tijaria Polypipes (BOM:533629) Headlines

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