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Mukka Proteins (BOM:544135) Inventory Turnover : 0.44 (As of Dec. 2024)


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What is Mukka Proteins 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. Mukka Proteins's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,209 Mil. Mukka Proteins's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹5,022 Mil. Mukka Proteins's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mukka Proteins's Days Inventory for the three months ended in Dec. 2024 was 207.45.

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. Mukka Proteins's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.70.


Mukka Proteins Inventory Turnover Historical Data

The historical data trend for Mukka Proteins'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.

Mukka Proteins Inventory Turnover Chart

Mukka Proteins Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial 4.73 3.95 4.18 4.99 3.58

Mukka Proteins Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 0.53 0.31 0.22 0.44

Mukka Proteins Inventory Turnover Calculation

Mukka Proteins'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 )
=11695.92 / ((2297.66 + 4232.52) / 2 )
=11695.92 / 3265.09
=3.58

Mukka Proteins'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 )
=2208.87 / ((5021.74 + 0) / 1 )
=2208.87 / 5021.74
=0.44

* 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.


Mukka Proteins  (BOM:544135) 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.

Mukka Proteins'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
=5021.74/2208.87*365 / 4
=207.45

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.

Mukka Proteins'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 )
=5021.74 / 2962.04
=1.70

* 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.


Mukka Proteins Inventory Turnover Related Terms

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Mukka Proteins Business Description

Traded in Other Exchanges
Address
NG Road, Mukka Corporate House, Door No. 18-2-16/4, First Cross, Attavara, Dakshina Kannada, Mangaluru, KA, IND, 575001
Mukka Proteins Ltd is an animal protein company. The company manufactures and supplies fish meal, fish oil, and fish soluble paste which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broilers and layer), and pet food. Fish oil of the company also finds its application in pharmaceutical products (additionally, Omega-3 pills and related products derived from fish oil are gaining importance as high nutrient and healthy dietary supplements), soap manufacturing, leather tanneries & paint industries. The company sells its products domestically and also export them to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.

Mukka Proteins Headlines

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