Markolines Pavement Technologies (BOM:543364) Inventory Turnover : 3.31 (As of Mar. 2024)

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What is Markolines Pavement Technologies 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. Markolines Pavement Technologies's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹693 Mil. Markolines Pavement Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹210 Mil. Markolines Pavement Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Markolines Pavement Technologies's Days Inventory for the six months ended in Mar. 2024 was 55.14.

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. Markolines Pavement Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Markolines Pavement Technologies Inventory Turnover Historical Data

The historical data trend for Markolines Pavement Technologies'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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Markolines Pavement Technologies Inventory Turnover Chart

Markolines Pavement Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.41

3.09

2.10

1.69

4.73

Markolines Pavement Technologies Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					1.31	1.10	0.70	1.89	3.31

Markolines Pavement Technologies Inventory Turnover Calculation

Markolines Pavement Technologies'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 )
=	1095.765	/ (	(235.447	+	227.778)	/	2 )
=	1095.765	/	231.6125
=	4.73

Markolines Pavement Technologies'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	693.416	/ (	(191.225	+	227.778)	/	2 )
=	693.416	/	209.5015
=	3.31

Markolines Pavement Technologies (BOM:543364) 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.

Markolines Pavement Technologies's Days Inventory for the six 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
	=	209.5015	/	693.416	*	365 / 2
	=	55.14

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.

Markolines Pavement Technologies'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 )
	=	209.5015	/	2162.566
	=	0.10

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.

Markolines Pavement Technologies Inventory Turnover Related Terms

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Markolines Pavement Technologies (BOM:543364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Markolines Pavement Technologies Ltd (BOM:543364) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.markolines.com

Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into-Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and major maintenance and repairs and whereas the specialized Maintenance Services include micro surfacing, Base Stabilization and cold in-place recycling.

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