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Chemcrux Enterprises (BOM:540395) Inventory Turnover : 1.08 (As of Dec. 2024)


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What is Chemcrux Enterprises 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. Chemcrux Enterprises's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹80.9 Mil. Chemcrux Enterprises's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹75.3 Mil. Chemcrux Enterprises's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chemcrux Enterprises's Days Inventory for the three months ended in Dec. 2024 was 84.85.

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. Chemcrux Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.39.


Chemcrux Enterprises Inventory Turnover Historical Data

The historical data trend for Chemcrux Enterprises'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.

Chemcrux Enterprises Inventory Turnover Chart

Chemcrux Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.06 3.49 6.37 4.63 4.46

Chemcrux Enterprises Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 3.02 0.89 0.94 1.08

Chemcrux Enterprises Inventory Turnover Calculation

Chemcrux Enterprises'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 )
=501.451 / ((140.907 + 84.106) / 2 )
=501.451 / 112.5065
=4.46

Chemcrux Enterprises'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 )
=80.935 / ((75.255 + 0) / 1 )
=80.935 / 75.255
=1.08

* 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.


Chemcrux Enterprises  (BOM:540395) 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.

Chemcrux Enterprises'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
=75.255/80.935*365 / 4
=84.85

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.

Chemcrux Enterprises'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 )
=75.255 / 194.236
=0.39

* 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.


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.


Chemcrux Enterprises Inventory Turnover Related Terms

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Chemcrux Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Natubhai Circle, 330, Trivia Complex, Racecourse, Vadodara, GJ, IND, 390007
Chemcrux Enterprises Ltd is a chemical company in India. The company is involved in the manufacturing and processing of Bulk Drug Intermediates such as Para Chloro Benzoic, Ortho Benzoic Acid, and Lasamide. It operates in the single segment of Manufacturing of Specialty Chemicals, which includes intermediates for bulk drugs (API), as well as the dyes and pigment industries segment.

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