Bhatia Colour Chem (BOM:543497) Inventory Turnover : 3.96 (As of Mar. 2024)

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What is Bhatia Colour Chem 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. Bhatia Colour Chem's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹490 Mil. Bhatia Colour Chem's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹124 Mil. Bhatia Colour Chem's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bhatia Colour Chem's Days Inventory for the six months ended in Mar. 2024 was 46.07.

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. Bhatia Colour Chem's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

Bhatia Colour Chem Inventory Turnover Historical Data

The historical data trend for Bhatia Colour Chem'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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Bhatia Colour Chem Inventory Turnover Chart

Bhatia Colour Chem Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

0.45

4.40

5.80

Bhatia Colour Chem Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			0.45	1.94	2.90	3.30	3.96

Bhatia Colour Chem Inventory Turnover Calculation

Bhatia Colour Chem'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 )
=	930.184	/ (	(169.905	+	150.79)	/	2 )
=	930.184	/	160.3475
=	5.80

Bhatia Colour Chem'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 )
=	490.398	/ (	(96.812	+	150.79)	/	2 )
=	490.398	/	123.801
=	3.96

Bhatia Colour Chem (BOM:543497) 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.

Bhatia Colour Chem'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
	=	123.801	/	490.398	*	365 / 2
	=	46.07

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.

Bhatia Colour Chem'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 )
	=	123.801	/	608.107
	=	0.20

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.

Bhatia Colour Chem Inventory Turnover Related Terms

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Bhatia Colour Chem (BOM:543497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhatia Colour Chem Ltd (BOM:543497) » Definitions » Inventory Turnover

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Address

Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210

Website

https://www.bccl.info

Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.

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