GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Associated Coaters Ltd (BOM:544183) » Definitions » Inventory Turnover

Associated Coaters (BOM:544183) Inventory Turnover : 2.16 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Associated Coaters 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. Associated Coaters's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹9.06 Mil. Associated Coaters's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹4.19 Mil. Associated Coaters's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Associated Coaters's Days Inventory for the six months ended in Sep. 2024 was 84.34.

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. Associated Coaters's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.19.

Associated Coaters Inventory Turnover Historical Data

The historical data trend for Associated Coaters'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.

Associated Coaters Inventory Turnover Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23
Inventory Turnover
- 36.34 69.78

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Inventory Turnover - - - 9.79 2.16

Associated Coaters Inventory Turnover Calculation

Associated Coaters's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=23.657 / ((0.285 + 0.393) / 2 )
=23.657 / 0.339
=69.78

Associated Coaters'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: Sep. 2023 ) + Total Inventories (Q: Sep. 2024 )) / count )
=9.06 / ((2.915 + 5.459) / 2 )
=9.06 / 4.187
=2.16

* 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.

Associated Coaters  (BOM:544183) 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.

Associated Coaters'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
=4.187/9.06*365 / 2
=84.34

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.

Associated Coaters'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 )
=4.187 / 22.082
=0.19

* 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.

Associated Coaters Inventory Turnover Related Terms

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

Associated Coaters Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Associated Coaters Ltd (BOM:544183) » Definitions » Inventory Turnover
Comparable Companies
BOM:543905 NSE:PLADAINFO BOM:523712 BOM:543927 BOM:531413 BOM:505320 BOM:540903 BOM:526841 BOM:530809 NSE:QUADPRO LSE:REL CTAS TSX:TRI CPRT XAMS:WKL GPN TSX:RBA ASX:BXB LSE:RTO ULS
Traded in Other Exchanges
N/A
Address
Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Website
https://www.associatedcoaters.in
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry.

Associated Coaters Headlines

No Headlines