Sayaji Industries (BOM:540728) Inventory Turnover : 2.47 (As of Dec. 2024)

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

What is Sayaji Industries 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. Sayaji Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,029 Mil. Sayaji Industries's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹821 Mil. Sayaji Industries's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sayaji Industries's Days Inventory for the three months ended in Dec. 2024 was 36.91.

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. Sayaji Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.

Sayaji Industries Inventory Turnover Historical Data

The historical data trend for Sayaji Industries'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.

Sayaji Industries Inventory Turnover Chart

Sayaji Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

8.46

6.28

8.32

10.92

7.68

Sayaji Industries 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															2.18	1.77	1.76	2.10	2.47

Sayaji Industries Inventory Turnover Calculation

Sayaji Industries'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 )
=	7300.47	/ (	(699.368	+	1201.473)	/	2 )
=	7300.47	/	950.4205
=	7.68

Sayaji Industries'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 )
=	2028.89	/ (	(820.578	+	0)	/	1 )
=	2028.89	/	820.578
=	2.47

Sayaji Industries (BOM:540728) 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.

Sayaji Industries'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
	=	820.578	/	2028.89	*	365 / 4
	=	36.91

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.

Sayaji Industries'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 )
	=	820.578	/	2692.997
	=	0.30

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.

Sayaji Industries Inventory Turnover Related Terms

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

Sayaji Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sayaji Industries Ltd (BOM:540728) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chinubhai Nagar, P.O. Kathwada-Maize Products, Ahmedabad, GJ, IND, 382 430

Website

https://www.sayajigroup.in

Sayaji Industries Ltd is an India-based company. The company is engaged in the manufacturing of starches and their derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, and its by-products like Maize Oil, Maize Gluten. The reporting segments of the company are agro processing-maize, agri seeds, and spray-dried food products. The company is also engaged in the manufacturing of caramel color, spray drying of fruits and vegetable powder, and processing and selling of seeds. The company caters its products to the textile, pharmaceutical, foods, and beverages industries, paper and packaging, confectionery, soaps, detergent industries, and seeds industries.

Sayaji Industries Headlines

No Headlines