Bajaj Healthcare (BOM:539872) Inventory Turnover : 0.43 (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Bajaj Healthcare 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. Bajaj Healthcare's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹609 Mil. Bajaj Healthcare's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹1,424 Mil. Bajaj Healthcare's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bajaj Healthcare's Days Inventory for the three months ended in Dec. 2024 was 213.36.

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. Bajaj Healthcare's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.16.

Bajaj Healthcare Inventory Turnover Historical Data

The historical data trend for Bajaj Healthcare'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.

Bajaj Healthcare Inventory Turnover Chart

Bajaj Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

9.03

6.79

3.87

2.10

1.47

Bajaj Healthcare 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															0.25	0.61	0.46	0.46	0.43

Bajaj Healthcare Inventory Turnover Calculation

Bajaj Healthcare'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 )
=	2591.272	/ (	(2087.867	+	1440.382)	/	2 )
=	2591.272	/	1764.1245
=	1.47

Bajaj Healthcare'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 )
=	609.147	/ (	(1424.303	+	0)	/	1 )
=	609.147	/	1424.303
=	0.43

Bajaj Healthcare (BOM:539872) 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.

Bajaj Healthcare'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
	=	1424.303	/	609.147	*	365 / 4
	=	213.36

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.

Bajaj Healthcare'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 )
	=	1424.303	/	1227.94
	=	1.16

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.

Bajaj Healthcare Inventory Turnover Related Terms

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

Bajaj Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bajaj Healthcare Ltd (BOM:539872) » Definitions » Inventory Turnover

Traded in Other Exchanges

BAJAJHCARE:India

Address

Road No. 23, Wagle Industrial Estate, 602-606, Bhoomi Velocity Infotech Park, Plot No. B-39, B-39A, B-39A/1, Thane (West), Thane, MH, IND, 400 604

Website

https://www.bajajhealth.com

Bajaj Healthcare Ltd is an India-based pharmaceutical company that manufactures Active Pharmaceutical Ingredients (APIs), Intermediates, Finished Dosage Forms, and Nutraceuticals. Its products include Intermediates, API, Formulation, and Impurities. The company derives a majority of its revenue from India.

Bajaj Healthcare Headlines

No Headlines