Simbhaoli Sugars (BOM:539742) Inventory Turnover : 2.42 (As of Dec. 2023)

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What is Simbhaoli Sugars 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. Simbhaoli Sugars's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,400 Mil. Simbhaoli Sugars's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹994 Mil. Simbhaoli Sugars's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Simbhaoli Sugars's Days Inventory for the three months ended in Dec. 2023 was 37.78.

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. Simbhaoli Sugars's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Simbhaoli Sugars Inventory Turnover Historical Data

The historical data trend for Simbhaoli Sugars'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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Simbhaoli Sugars Inventory Turnover Chart

Simbhaoli Sugars Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.06

1.65

2.10

2.06

2.29

Simbhaoli Sugars 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															1.73	0.70	0.51	2.51	2.42

Simbhaoli Sugars Inventory Turnover Calculation

Simbhaoli Sugars'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 )
=	10515.49	/ (	(4665.849	+	4525.466)	/	2 )
=	10515.49	/	4595.6575
=	2.29

Simbhaoli Sugars'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 )
=	2399.805	/ (	(993.637	+	0)	/	1 )
=	2399.805	/	993.637
=	2.42

Simbhaoli Sugars (BOM:539742) 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.

Simbhaoli Sugars'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
	=	993.637	/	2399.805	*	365 / 4
	=	37.78

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.

Simbhaoli Sugars'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 )
	=	993.637	/	3054.185
	=	0.33

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.

Simbhaoli Sugars Inventory Turnover Related Terms

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Simbhaoli Sugars (BOM:539742) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Simbhaoli Sugars Ltd (BOM:539742) » Definitions » Inventory Turnover

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SIMBHALS:India

Address

A-112, Sector 63, Noida, UP, IND, 201307

Website

https://www.simbhaolisugars.com

Simbhaoli Sugars Ltd is a technology-driven company engaged in the business of manufacturing refined sugar, specialty sugars, extra neutral alcohol, ethanol, sanitizer, and bio-manure. It is also engaged in the generation of power. The company operates through two segments, namely, Sugar and Alcohol, with the majority of the revenue being generated from the Sugar segment. Its product portfolio includes a variety of sugar such as Sulphurless Sugar, Superfine Suger, Icing Sugar, White Sugar Cubes, Classic Mishri, Classic Sugar Sachet, Brown Mineral Sugar, Coffee Sugar, Jaggery, Jaggery Powder, etc.

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