Narmada Agrobase (BOM:543643) Inventory Turnover : 0.76 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Narmada Agrobase 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. Narmada Agrobase's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹114.0 Mil. Narmada Agrobase's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹150.0 Mil. Narmada Agrobase's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Narmada Agrobase's Days Inventory for the three months ended in Dec. 2024 was 120.04.

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. Narmada Agrobase's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.08.

Narmada Agrobase Inventory Turnover Historical Data

The historical data trend for Narmada Agrobase'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.

* Premium members only.

Narmada Agrobase Inventory Turnover Chart

Narmada Agrobase Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

7.97

10.58

5.70

5.68

4.54

Narmada Agrobase Quarterly Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Mar19	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.95	1.64	0.95	0.48	0.76

Narmada Agrobase Inventory Turnover Calculation

Narmada Agrobase'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 )
=	431.909	/ (	(90.148	+	99.986)	/	2 )
=	431.909	/	95.067
=	4.54

Narmada Agrobase's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	114.045	/ (	(150.023	+	0)	/	1 )
=	114.045	/	150.023
=	0.76

Narmada Agrobase (BOM:543643) 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.

Narmada Agrobase's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	150.023	/	114.045	*	365 / 4
	=	120.04

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.

Narmada Agrobase's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	150.023	/	138.365
	=	1.08

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.

Narmada Agrobase Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Narmada Agrobase's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Narmada Agrobase Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Narmada Agrobase Ltd (BOM:543643) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NARMADA:India

Address

401, Silicon Tower, Above Freezeland Restaurant, Law Garden, Navrangpura, Ahmedabad, GJ, IND, 390009

Website

https://www.narmadaagrobase.com

Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.

Narmada Agrobase Headlines

No Headlines