Dhatre Udyog (BOM:540080) Inventory Turnover : 16.65 (As of Dec. 2024)

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What is Dhatre Udyog 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. Dhatre Udyog's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹365 Mil. Dhatre Udyog's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹22 Mil. Dhatre Udyog's Inventory Turnover for the quarter that ended in Dec. 2024 was 16.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dhatre Udyog's Days Inventory for the three months ended in Dec. 2024 was 5.48.

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. Dhatre Udyog's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.06.

Dhatre Udyog Inventory Turnover Historical Data

The historical data trend for Dhatre Udyog'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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Dhatre Udyog Inventory Turnover Chart

Dhatre Udyog Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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22.52

10.49

4.78

21.57

30.76

Dhatre Udyog 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															7.78	13.51	9.10	14.19	16.65

Dhatre Udyog Inventory Turnover Calculation

Dhatre Udyog'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 )
=	1957.536	/ (	(72.994	+	54.3)	/	2 )
=	1957.536	/	63.647
=	30.76

Dhatre Udyog'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 )
=	364.512	/ (	(21.899	+	0)	/	1 )
=	364.512	/	21.899
=	16.65

Dhatre Udyog (BOM:540080) 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.

Dhatre Udyog'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
	=	21.899	/	364.512	*	365 / 4
	=	5.48

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.

Dhatre Udyog'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 )
	=	21.899	/	394.672
	=	0.06

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.

Dhatre Udyog Inventory Turnover Related Terms

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Dhatre Udyog Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dhatre Udyog Ltd (BOM:540080) » Definitions » Inventory Turnover

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N/A

Address

Survey No. 202/30-34 and 38/Part, Modavalasa Village, Denkada Mandal, Vizianagaram, AP, IND, 535006

Website

https://www.dhatre.com

Dhatre Udyog Ltd, formerly Narayani Steels Ltd is engaged in the manufacturing and trading of iron and steel products in India. The company's products include TMT ReBars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles among others. The company generates the majority of its revenue from the sale of manufactured goods. All revenue from the operations of the company is generated within India.

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