Cochin Shipyard (BOM:540678) Inventory Turnover : 0.91 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Cochin Shipyard 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. Cochin Shipyard's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹9,290 Mil. Cochin Shipyard's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹10,261 Mil. Cochin Shipyard's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cochin Shipyard's Days Inventory for the three months ended in Mar. 2024 was 100.79.

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. Cochin Shipyard's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.

Cochin Shipyard Inventory Turnover Historical Data

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard Inventory Turnover Chart

Cochin Shipyard Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

8.38

5.06

6.52

5.83

3.94

Cochin Shipyard Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.67	0.95	1.04	0.93	0.91

Cochin Shipyard Inventory Turnover Calculation

Cochin Shipyard'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 )
=	27547.482	/ (	(3729.971	+	10260.94)	/	2 )
=	27547.482	/	6995.4555
=	3.94

Cochin Shipyard's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	9289.654	/ (	(0	+	10260.94)	/	1 )
=	9289.654	/	10260.94
=	0.91

Cochin Shipyard (BOM:540678) 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.

Cochin Shipyard's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	10260.94	/	9289.654	*	365 / 4
	=	100.79

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.

Cochin Shipyard's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	10260.94	/	12860.559
	=	0.80

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.

Cochin Shipyard Inventory Turnover Related Terms

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

Cochin Shipyard (BOM:540678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cochin Shipyard Ltd (BOM:540678) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

COCHINSHIP:India

Address

Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015

Website

https://www.cochinshipyard.in

Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard (BOM:540678) Headlines

No Headlines