RHI Magnesita India (BOM:534076) Inventory Turnover : 0.59 (As of Dec. 2024)

View and export this data going back to 2012. Start your Free Trial

What is RHI Magnesita India 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. RHI Magnesita India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹6,321 Mil. RHI Magnesita India's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹10,682 Mil. RHI Magnesita India's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RHI Magnesita India's Days Inventory for the three months ended in Dec. 2024 was 154.22.

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. RHI Magnesita India's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.06.

RHI Magnesita India Inventory Turnover Historical Data

The historical data trend for RHI Magnesita India'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.

RHI Magnesita India Inventory Turnover Chart

RHI Magnesita India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

4.60

2.84

2.62

2.32

2.54

RHI Magnesita India 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															0.49	0.74	0.53	0.49	0.59

RHI Magnesita India Inventory Turnover Calculation

RHI Magnesita India'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 )
=	23654.64	/ (	(9561.988	+	9053.184)	/	2 )
=	23654.64	/	9307.586
=	2.54

RHI Magnesita India'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 )
=	6320.66	/ (	(10682.255	+	0)	/	1 )
=	6320.66	/	10682.255
=	0.59

RHI Magnesita India (BOM:534076) 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.

RHI Magnesita India'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
	=	10682.255	/	6320.66	*	365 / 4
	=	154.22

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.

RHI Magnesita India'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 )
	=	10682.255	/	10107.025
	=	1.06

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.

RHI Magnesita India Inventory Turnover Related Terms

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

RHI Magnesita India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RHI Magnesita India Ltd (BOM:534076) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RHIM:India

Address

EMAAR Digital Greens Golf Course Road Extension, 301, Tower B, Sector 61, Gurugram, HR, IND, 122011

Website

https://www.rhimagnesitaindia.com

RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.

RHI Magnesita India Headlines

No Headlines