The Anup Engineering (BOM:542460) Inventory Turnover : 0.59 (As of Sep. 2024)

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What is The Anup Engineering 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. The Anup Engineering's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹1,061 Mil. The Anup Engineering's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹1,797 Mil. The Anup Engineering's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Anup Engineering's Days Inventory for the three months ended in Sep. 2024 was 154.57.

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. The Anup Engineering's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.

The Anup Engineering Inventory Turnover Historical Data

The historical data trend for The Anup Engineering'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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The Anup Engineering Inventory Turnover Chart

The Anup Engineering Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.25

1.81

1.92

2.28

2.13

The Anup Engineering Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.66	0.57	0.63	0.49	0.59

The Anup Engineering Inventory Turnover Calculation

The Anup Engineering'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 )
=	3112.613	/ (	(1269.184	+	1652.845)	/	2 )
=	3112.613	/	1461.0145
=	2.13

The Anup Engineering'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 )
=	1060.802	/ (	(0	+	1796.863)	/	1 )
=	1060.802	/	1796.863
=	0.59

The Anup Engineering (BOM:542460) 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.

The Anup Engineering'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
	=	1796.863	/	1060.802	*	365 / 4
	=	154.57

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.

The Anup Engineering'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 )
	=	1796.863	/	1931.411
	=	0.93

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.

The Anup Engineering Inventory Turnover Related Terms

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The Anup Engineering Business Description

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ANUP:India

Address

Odhav Road, Behind 66 KV Electricity Sub-Station, Ahmedabad, GJ, IND, 382415

Website

https://www.anupengg.com

The Anup Engineering Ltd is engaged in the manufacturing and fabrication of process equipment required for chemicals, petrochemicals, pharmaceuticals, fertilizers, drugs, and other allied industries. The Company's business activity falls within a single operating business segment of Engineering products. The products offered by the group are Dish ends, Industrial centrifuges, Static process equipment, and others. It has a business presence in India and other countries, of which key revenue is derived from India.

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