Shree Tirupati Balajee Agro Trading Co (BOM:544249) Inventory Turnover : 0.34 (As of Dec. 2024)

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What is Shree Tirupati Balajee Agro Trading Co 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. Shree Tirupati Balajee Agro Trading Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹956 Mil. Shree Tirupati Balajee Agro Trading Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹2,826 Mil. Shree Tirupati Balajee Agro Trading Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shree Tirupati Balajee Agro Trading Co's Days Inventory for the three months ended in Dec. 2024 was 269.77.

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. Shree Tirupati Balajee Agro Trading Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.98.

Shree Tirupati Balajee Agro Trading Co Inventory Turnover Historical Data

The historical data trend for Shree Tirupati Balajee Agro Trading Co'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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Shree Tirupati Balajee Agro Trading Co Inventory Turnover Chart

Shree Tirupati Balajee Agro Trading Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

1.50

1.86

1.83

1.86

Shree Tirupati Balajee Agro Trading Co Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					0.50	0.73	0.40	0.38	0.34

Shree Tirupati Balajee Agro Trading Co Inventory Turnover Calculation

Shree Tirupati Balajee Agro Trading Co'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 )
=	4211.553	/ (	(2014.626	+	2520.985)	/	2 )
=	4211.553	/	2267.8055
=	1.86

Shree Tirupati Balajee Agro Trading Co'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 )
=	955.768	/ (	(2825.601	+	0)	/	1 )
=	955.768	/	2825.601
=	0.34

Shree Tirupati Balajee Agro Trading Co (BOM:544249) 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.

Shree Tirupati Balajee Agro Trading Co'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
	=	2825.601	/	955.768	*	365 / 4
	=	269.77

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.

Shree Tirupati Balajee Agro Trading Co'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 )
	=	2825.601	/	1426.633
	=	1.98

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.

Shree Tirupati Balajee Agro Trading Co Inventory Turnover Related Terms

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Shree Tirupati Balajee Agro Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shree Tirupati Balajee Agro Trading Co Ltd (BOM:544249) » Definitions » Inventory Turnover

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Traded in Other Exchanges

BALAJEE:India

Address

E-34, H.I.G, RaviShankar Nagar, Near LIG Square, Indore, MP, IND, 452010

Website

https://www.tirupatibalajee.net

Shree Tirupati Balajee Agro Trading Co Ltd is engaged in the business of manufacturing and selling of Flexible Intermediate Bulk Containers (FIBCs) i.e. large flexible bags and other industrial packaging products such as woven sacks, woven fabric and narrow fabric, tapes in the Indian domestic market and overseas. The company offers customized products and caters to the bulk packaging solutions of its clients from diverse industries like chemicals, agrochemicals, food mining, waste disposal industry, agriculture industry, lubricants and edible oil by supplying them its FIBC products for transportation purposes and their packaging requirement.

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