Divgi TorqTransfer Systems (BOM:543812) Inventory Turnover : 0.76 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Divgi TorqTransfer Systems 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. Divgi TorqTransfer Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹273 Mil. Divgi TorqTransfer Systems's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹357 Mil. Divgi TorqTransfer Systems's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Divgi TorqTransfer Systems's Days Inventory for the three months ended in Mar. 2024 was 119.62.

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. Divgi TorqTransfer Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Divgi TorqTransfer Systems Inventory Turnover Historical Data

The historical data trend for Divgi TorqTransfer Systems'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.

Divgi TorqTransfer Systems Inventory Turnover Chart

Divgi TorqTransfer Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

3.12

3.10

3.59

3.60

3.14

Divgi TorqTransfer Systems Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial						0.98	0.69	0.74	0.74	0.76

Divgi TorqTransfer Systems Inventory Turnover Calculation

Divgi TorqTransfer Systems'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 )
=	1062.08	/ (	(318.85	+	357.34)	/	2 )
=	1062.08	/	338.095
=	3.14

Divgi TorqTransfer Systems'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	272.6	/ (	(0	+	357.34)	/	1 )
=	272.6	/	357.34
=	0.76

Divgi TorqTransfer Systems (BOM:543812) 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.

Divgi TorqTransfer Systems's Days Inventory for the three 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
	=	357.34	/	272.6	*	365 / 4
	=	119.62

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.

Divgi TorqTransfer Systems'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 )
	=	357.34	/	650.64
	=	0.55

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.

Divgi TorqTransfer Systems Inventory Turnover Related Terms

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

Divgi TorqTransfer Systems (BOM:543812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Divgi TorqTransfer Systems Ltd (BOM:543812) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

DIVGIITTS:India

Address

MIDC, Bhosari, Plot No. 75, General Block, Pune, MH, IND, 411026

Website

https://www.divgi-tts.com

Divgi TorqTransfer Systems Ltd is engaged in the business as an automotive component entity. It develops and provides system level transfer case, torque coupler and dual clutch automatic transmissions solutions. The Company operates only in one business segment viz. Auto Components and Parts. The secondary segment is based on geographical demarcation, i.e. domestic and exports.

Divgi TorqTransfer Systems (BOM:543812) Headlines

No Headlines