Shankara Building Products (BOM:540425) Inventory Turnover : 2.57 (As of Dec. 2024)

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What is Shankara Building Products 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. Shankara Building Products's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹13,604 Mil. Shankara Building Products's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹5,299 Mil. Shankara Building Products's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shankara Building Products's Days Inventory for the three months ended in Dec. 2024 was 35.54.

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. Shankara Building Products's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.37.

Shankara Building Products Inventory Turnover Historical Data

The historical data trend for Shankara Building Products'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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Shankara Building Products Inventory Turnover Chart

Shankara Building Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.14

5.27

6.54

9.55

10.01

Shankara Building Products 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															2.36	2.69	2.51	2.37	2.57

Shankara Building Products Inventory Turnover Calculation

Shankara Building Products'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 )
=	45572.6	/ (	(4253.5	+	4847.6)	/	2 )
=	45572.6	/	4550.55
=	10.01

Shankara Building Products'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 )
=	13604.4	/ (	(5298.9	+	0)	/	1 )
=	13604.4	/	5298.9
=	2.57

Shankara Building Products (BOM:540425) 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.

Shankara Building Products'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
	=	5298.9	/	13604.4	*	365 / 4
	=	35.54

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.

Shankara Building Products'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 )
	=	5298.9	/	14371.6
	=	0.37

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.

Shankara Building Products Inventory Turnover Related Terms

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Shankara Building Products Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shankara Building Products Ltd (BOM:540425) » Definitions » Inventory Turnover

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SHANKARA:India

Address

Hosur Main Road, No.21/1 & 35-A-1, Electronic City Post, Veerasandra, Bengaluru, KA, IND, 560100

Website

https://www.shankarabuildpro.com

Shankara Building Products Ltd is an organised retailer of home improvement and building products in India. The company's operating segments include Retail, Channel and Enterprise. It generates maximum revenue from the Retail segment. The Retail segment offers construction materials, plumbing and sanitaryware, flooring, electrical items, and interior-exterior finishing. Its In-house brands include Taurus; Loha; Prince; Century Roof; Ganga and Ganga Gold and Prince Scaffolding.

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