Kronox Lab Sciences (BOM:544187) Inventory Turnover : 1.39 (As of Dec. 2024)

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What is Kronox Lab Sciences 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. Kronox Lab Sciences's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹118.8 Mil. Kronox Lab Sciences's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹85.2 Mil. Kronox Lab Sciences's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kronox Lab Sciences's Days Inventory for the three months ended in Dec. 2024 was 65.44.

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. Kronox Lab Sciences's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.35.

Kronox Lab Sciences Inventory Turnover Historical Data

The historical data trend for Kronox Lab Sciences'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.
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Kronox Lab Sciences Inventory Turnover Chart

Kronox Lab Sciences Annual Data

Trend

Mar21

Mar22

Mar23

Inventory Turnover

6.26

7.29

6.58

Kronox Lab Sciences Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial				1.29	1.57	1.86	1.33	1.39

Kronox Lab Sciences Inventory Turnover Calculation

Kronox Lab Sciences'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 )
=	548.82	/ (	(75.11	+	91.73)	/	2 )
=	548.82	/	83.42
=	6.58

Kronox Lab Sciences'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 )
=	118.783	/ (	(85.18	+	0)	/	1 )
=	118.783	/	85.18
=	1.39

Kronox Lab Sciences (BOM:544187) 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.

Kronox Lab Sciences'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
	=	85.18	/	118.783	*	365 / 4
	=	65.44

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.

Kronox Lab Sciences'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 )
	=	85.18	/	240.111
	=	0.35

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.

Kronox Lab Sciences Inventory Turnover Related Terms

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Kronox Lab Sciences Business Description

Industry

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KRONOX:India

Address

Block No. 284, Village Dabhasa, Padra, Vadodara, GJ, IND, 391440

Website

https://www.kronoxlabsciences.com

Kronox Lab Sciences Ltd manufactures High Purity Speciality Fine Chemicals for diversified end-user industries. The company's Fine inorganic Chemicals are used mainly as reacting agents and raw materials in the manufacturing of Active Pharmaceutical Ingredients; excipients in pharmaceutical formulations; reagents for scientific research and laboratory testing; ingredients in nutraceuticals formulations; process intermediates and fermenting agents in biotech applications; ingredients in agrochemical formulations; ingredients in personal care products; refining agents in metal refineries; and ingredients in animal health products, amongst others. It manufactures specialty fine Chemicals of various grades in particle sizes ranging from 10 mesh to 100 mesh.

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