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Ceigall India (BOM:544223) Inventory Turnover : 11.42 (As of Sep. 2024)


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What is Ceigall India 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. Ceigall India's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹12,553 Mil. Ceigall India's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹1,099 Mil. Ceigall India's Inventory Turnover for the quarter that ended in Sep. 2024 was 11.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ceigall India's Days Inventory for the six months ended in Sep. 2024 was 15.98.

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. Ceigall India's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.

Ceigall India Inventory Turnover Historical Data

The historical data trend for Ceigall India'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.

Ceigall India Inventory Turnover Chart

Ceigall India Annual Data
Trend Mar22 Mar23 Mar24
Inventory Turnover
22.58 23.02 20.88

Ceigall India Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Inventory Turnover - - 10.41 10.47 11.42

Ceigall India Inventory Turnover Calculation

Ceigall India'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 )
=23508.97 / ((1069.15 + 1182.51) / 2 )
=23508.97 / 1125.83
=20.88

Ceigall India'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 )
=12553.3 / ((1182.51 + 1015.7) / 2 )
=12553.3 / 1099.105
=11.42

* 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.

Ceigall India  (BOM:544223) 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.

Ceigall India'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
=1099.105/12553.3*365 / 2
=15.98

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.

Ceigall India'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 )
=1099.105 / 15945.84
=0.07

* 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.

Ceigall India Inventory Turnover Related Terms

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Ceigall India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ceigall India Ltd (BOM:544223) » Definitions » Inventory Turnover
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Traded in Other Exchanges
CEIGALL:India
Address
National Highway-48, JMK Towers, 2nd Floor, Kapashera, Delhi, IND, 110 037
Website
https://www.ceigall.com
Ceigall India Ltd is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. Currently, The company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways.

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