Vishal Bearings (BOM:539398) Inventory Turnover : 0.19 (As of Mar. 2024)

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What is Vishal Bearings 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. Vishal Bearings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹90.3 Mil. Vishal Bearings's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹470.4 Mil. Vishal Bearings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vishal Bearings's Days Inventory for the three months ended in Mar. 2024 was 475.53.

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. Vishal Bearings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.59.

Vishal Bearings Inventory Turnover Historical Data

The historical data trend for Vishal Bearings'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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Vishal Bearings Inventory Turnover Chart

Vishal Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.59

2.00

2.81

1.61

1.27

Vishal Bearings Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.33	0.40	0.58	0.43	0.19

Vishal Bearings Inventory Turnover Calculation

Vishal Bearings'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 )
=	574.601	/ (	(431.564	+	470.355)	/	2 )
=	574.601	/	450.9595
=	1.27

Vishal Bearings'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 )
=	90.257	/ (	(0	+	470.355)	/	1 )
=	90.257	/	470.355
=	0.19

Vishal Bearings (BOM:539398) 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.

Vishal Bearings'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
	=	470.355	/	90.257	*	365 / 4
	=	475.53

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.

Vishal Bearings'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 )
	=	470.355	/	181.449
	=	2.59

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.

Vishal Bearings Inventory Turnover Related Terms

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Vishal Bearings (BOM:539398) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vishal Bearings Ltd (BOM:539398) » Definitions » Inventory Turnover

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Address

Shapar Village Road, Survey No. 22/1, Plot No.1, Shapar (Veraval), Rajkot, GJ, IND, 360024

Website

https://www.vishalbearings.com

Vishal Bearings Ltd engages in the business of manufacturing of bearing rollers, earning job work income and wind power generation. Its products include; Taper rollers, Cylindrical rollers, Spherical rollers and components of taper rollers. Its products are used by end-users in diverse industries, such as rail, light vehicles, off-highway, heavy trucks and auto-aftermarket industries classified as automobile industries and heavy industries, industrial processes, gear drives, energy and industrial distribution. The Company has sole business segment as Manufacturing of Bearing Rollers & Other Allied Activities.

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