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Gabriel Pet Straps (BOM:544108) Inventory Turnover : 1.21 (As of Sep. 2024)


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What is Gabriel Pet Straps 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. Gabriel Pet Straps's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹77.18 Mil. Gabriel Pet Straps's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹63.77 Mil. Gabriel Pet Straps's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gabriel Pet Straps's Days Inventory for the six months ended in Sep. 2024 was 150.79.

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. Gabriel Pet Straps's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.16.

Gabriel Pet Straps Inventory Turnover Historical Data

The historical data trend for Gabriel Pet Straps'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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Gabriel Pet Straps Inventory Turnover Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory Turnover
18.86 24.65 7.15 1.99

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Inventory Turnover Get a 7-Day Free Trial - - 2.33 0.23 1.21

Gabriel Pet Straps Inventory Turnover Calculation

Gabriel Pet Straps'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 )
=84.038 / ((26.035 + 58.353) / 2 )
=84.038 / 42.194
=1.99

Gabriel Pet Straps'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 )
=77.181 / ((58.353 + 69.19) / 2 )
=77.181 / 63.7715
=1.21

* 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.

Gabriel Pet Straps  (BOM:544108) 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.

Gabriel Pet Straps'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
=63.7715/77.181*365 / 2
=150.79

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.

Gabriel Pet Straps'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 )
=63.7715 / 54.825
=1.16

* 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.

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.

Gabriel Pet Straps Inventory Turnover Related Terms

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Gabriel Pet Straps Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gabriel Pet Straps Ltd (BOM:544108) » Definitions » Inventory Turnover
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Traded in Other Exchanges
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Address
Paddhari Bypass, Jamnagar Highway, Plot No. 23, Radhe Industrial Area, Behind Reliance Petrol Pump, Paddhari, Rajkot, GJ, IND, 360110
Website
https://www.gabrielpetstraps.com
Gabriel Pet Straps Ltd is engaged in the manufacturing and selling of Pet Straps under the brand name of 'Gabriel' which is widely used in the packaging of heavy materials. It produces Pet Straps from 9mm to 32mm in width and thickness ranging from 0.5mm to 1.27mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth, etc.

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