Tasty Dairy Specialities (BOM:540955) Inventory Turnover : 4.11 (As of Sep. 2024)

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What is Tasty Dairy Specialities 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. Tasty Dairy Specialities's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹12.1 Mil. Tasty Dairy Specialities's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹2.9 Mil. Tasty Dairy Specialities's Inventory Turnover for the quarter that ended in Sep. 2024 was 4.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tasty Dairy Specialities's Days Inventory for the three months ended in Sep. 2024 was 22.18.

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. Tasty Dairy Specialities's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.23.

Tasty Dairy Specialities Inventory Turnover Historical Data

The historical data trend for Tasty Dairy Specialities'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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Tasty Dairy Specialities Inventory Turnover Chart

Tasty Dairy Specialities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.80

5.17

4.15

3.55

4.18

Tasty Dairy Specialities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.26	2.35	1.86	1.84	4.11

Tasty Dairy Specialities Inventory Turnover Calculation

Tasty Dairy Specialities'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 )
=	657.339	/ (	(305.668	+	8.745)	/	2 )
=	657.339	/	157.2065
=	4.18

Tasty Dairy Specialities's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	12.09	/ (	(0	+	2.939)	/	1 )
=	12.09	/	2.939
=	4.11

Tasty Dairy Specialities (BOM:540955) 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.

Tasty Dairy Specialities's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2.939	/	12.09	*	365 / 4
	=	22.18

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.

Tasty Dairy Specialities's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2.939	/	13.037
	=	0.23

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.

Tasty Dairy Specialities Inventory Turnover Related Terms

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Tasty Dairy Specialities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tasty Dairy Specialities Ltd (BOM:540955) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

G-6, 12/483 Ratandham Apartment, McRobertganj, Kanpur, UP, IND, 208001

Website

https://www.tastydairy.com

Tasty Dairy Specialities Ltd is engaged in the procurement and processing of milk and other value-added products, namely Butter, Milk, Ghee, and other milk products. Some of its products include Full Cream Milk, Skimmed Milk, T-Special Milk, Salted Butter, Skimmed Milk Powder, Gulab Jamun Mix, Mithai Master, Chenna Powder, and Dairy Delight. It operates in a single segment, which is the manufacturing and sale of Dairy Products.

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