Omnipotent Industries (BOM:543400) Inventory Turnover : 21.49 (As of Sep. 2024)

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What is Omnipotent 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. Omnipotent Industries's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹138.3 Mil. Omnipotent Industries's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹6.4 Mil. Omnipotent Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 21.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Omnipotent Industries's Days Inventory for the six months ended in Sep. 2024 was 8.49.

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. Omnipotent Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.05.

Omnipotent Industries Inventory Turnover Historical Data

The historical data trend for Omnipotent 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.

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Omnipotent Industries Inventory Turnover Chart

Omnipotent Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

2,584.81

3,014.24

117.92

3.75

23.67

Omnipotent Industries Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial				2.09	1.30	7.62	19.04	21.49

Omnipotent Industries Inventory Turnover Calculation

Omnipotent 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 )
=	333.173	/ (	(21.668	+	6.483)	/	2 )
=	333.173	/	14.0755
=	23.67

Omnipotent Industries'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	138.257	/ (	(6.483	+	6.385)	/	2 )
=	138.257	/	6.434
=	21.49

Omnipotent Industries (BOM:543400) 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.

Omnipotent Industries's Days Inventory for the six 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
	=	6.434	/	138.257	*	365 / 2
	=	8.49

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.

Omnipotent Industries'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 )
	=	6.434	/	138.674
	=	0.05

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.

Omnipotent Industries Inventory Turnover Related Terms

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Omnipotent Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Omnipotent Industries Ltd (BOM:543400) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Station Road, 1/11, Damji Nenshi Wadi, Bhandup West, Mumbai, MH, IND, 400078

Website

https://www.omnipotent.co.in

Omnipotent Industries Ltd is engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. The company either directly imports these products or buys from third-party importers and sells them to their various distributors as well as corporates. The company's products include bitumen 60/70 & 80/100, bitumen VG10, VG30, VG 40; bitumen emulsion, blown bitumen, micro surfacing bitumen, and modified bitumen CRMB, PMB, NRMB.

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