PTC Industries (BOM:539006) Inventory Turnover : 0.16 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is PTC Industries 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. PTC Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹121 Mil. PTC Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹748 Mil. PTC Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PTC Industries's Days Inventory for the three months ended in Dec. 2023 was 565.44.

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. PTC Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.35.

PTC Industries Inventory Turnover Historical Data

The historical data trend for PTC Industries'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.

PTC Industries Inventory Turnover Chart

PTC Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

2.33

2.09

1.84

1.74

1.61

PTC Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.22	0.92	0.25	0.19	0.16

PTC Industries Inventory Turnover Calculation

PTC Industries's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1148.39	/ (	(648.075	+	777.22)	/	2 )
=	1148.39	/	712.6475
=	1.61

PTC Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	120.78	/ (	(748.424	+	0)	/	1 )
=	120.78	/	748.424
=	0.16

PTC Industries (BOM:539006) 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.

PTC Industries's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	748.424	/	120.78	*	365 / 4
	=	565.44

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.

PTC Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	748.424	/	554.466
	=	1.35

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.

PTC Industries Inventory Turnover Related Terms

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

PTC Industries (BOM:539006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PTC Industries Ltd (BOM:539006) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PTCIL:India

Address

National Highway -25 A,Sarai Shahjadi, Advanced Manufacturing & Technology Centre, Kanpur Road, Lucknow, UP, IND, 227 101

Website

https://www.ptcil.com

PTC Industries Ltd is an India-based company engaged in supplying castings solutions, machined components, and fabricated parts. It is in the business of manufacturing and selling high-precision metal castings. The company manufactures Stainless steel castings, Alloys steel castings, Non-alloy steel castings, and Steel structures. The company offers materials that include Alloy Steel, Stainless Steel, Duplex and Super Duplex Stainless Steel, Creep Resistant Steel, Heat Resistant Steel, Nickel Based Alloys, Cobalt Based Alloys, Austenitic Ductile Iron, Nickel Aluminium Bronze, Titanium, Superalloy, and Zirconium, among others. The company has only one reportable segment for the Company which is Engineering and allied activities.

PTC Industries (BOM:539006) Headlines

No Headlines