Raw Edge Industrial Solutions (BOM:541634) Inventory Turnover : 0.50 (As of Mar. 2024)

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What is Raw Edge Industrial Solutions 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. Raw Edge Industrial Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹69.2 Mil. Raw Edge Industrial Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹138.3 Mil. Raw Edge Industrial Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Raw Edge Industrial Solutions's Days Inventory for the three months ended in Mar. 2024 was 182.30.

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. Raw Edge Industrial Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Raw Edge Industrial Solutions Inventory Turnover Historical Data

The historical data trend for Raw Edge Industrial Solutions'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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Raw Edge Industrial Solutions Inventory Turnover Chart

Raw Edge Industrial Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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14.02

7.57

7.01

3.35

1.84

Raw Edge Industrial Solutions Quarterly Data
	Sep18	Mar19	Sep19	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															0.46	0.48	0.52	0.41	0.50

Raw Edge Industrial Solutions Inventory Turnover Calculation

Raw Edge Industrial Solutions'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 )
=	248.272	/ (	(131.118	+	138.294)	/	2 )
=	248.272	/	134.706
=	1.84

Raw Edge Industrial Solutions'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 )
=	69.222	/ (	(0	+	138.294)	/	1 )
=	69.222	/	138.294
=	0.50

Raw Edge Industrial Solutions (BOM:541634) 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.

Raw Edge Industrial Solutions'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
	=	138.294	/	69.222	*	365 / 4
	=	182.30

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.

Raw Edge Industrial Solutions'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 )
	=	138.294	/	131.175
	=	1.05

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.

Raw Edge Industrial Solutions Inventory Turnover Related Terms

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Raw Edge Industrial Solutions (BOM:541634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Raw Edge Industrial Solutions Ltd (BOM:541634) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

02, Navkruti Apartment, Behind B.R. Designs, Near Lal Bunglow, Athwa Lines, Surat, GJ, IND, 395007

Website

https://www.rawedge.in

Raw Edge Industrial Solutions Ltd is a manufacturer and supplier of minerals. Its product offerings include a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, and Imported Coal.

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