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Duncans Industries (BOM:590063) Inventory Turnover : 0.17 (As of Dec. 2012)


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What is Duncans Industries 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. Duncans Industries's Cost of Goods Sold for the three months ended in Dec. 2012 was ₹181 Mil. Duncans Industries's Average Total Inventories for the quarter that ended in Dec. 2012 was ₹1,092 Mil. Duncans Industries's Inventory Turnover for the quarter that ended in Dec. 2012 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Duncans Industries's Days Inventory for the three months ended in Dec. 2012 was 550.49.

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. Duncans Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 2.04.

Duncans Industries Inventory Turnover Historical Data

The historical data trend for Duncans Industries'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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Duncans Industries Inventory Turnover Chart

Duncans Industries Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Sep14
Inventory Turnover
Get a 7-Day Free Trial 0.01 -0.13 2.60 0.26 0.05

Duncans Industries Quarterly Data
Mar12 Jun12 Sep12 Dec12 Sep14
Inventory Turnover - -0.58 0.03 0.17 -

Duncans Industries Inventory Turnover Calculation

Duncans Industries's Inventory Turnover for the fiscal year that ended in Sep. 2014 is calculated as

Inventory Turnover (A: Sep. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2014 ) / ((Total Inventories (A: Mar. 2012 ) + Total Inventories (A: Sep. 2014 )) / count )
=18.892 / ((160.687 + 561.469) / 2 )
=18.892 / 361.078
=0.05

Duncans Industries's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

Inventory Turnover (Q: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2012 ) / ((Total Inventories (Q: Sep. 2012 ) + Total Inventories (Q: Dec. 2012 )) / count )
=181 / ((1091.924 + 0) / 1 )
=181 / 1091.924
=0.17

* 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.

Duncans Industries  (BOM:590063) 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.

Duncans Industries's Days Inventory for the three months ended in Dec. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2012 )/Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=1091.924/181*365 / 4
=550.49

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.

Duncans Industries's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=1091.924 / 535.9
=2.04

* 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.

Duncans Industries Inventory Turnover Related Terms

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Duncans Industries (BOM:590063) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Duncans Industries Ltd (BOM:590063) » Definitions » Inventory Turnover
Comparable Companies
BOM:519475 BOM:519003 RELV SGX:AZT BOM:512559 SGX:AZR OSTO:SIMRIS B IST:MERKO IST:DARDL PETZ XKLS:9776 BOM:519457 WAR:BIP BOM:540405 PHS:MG HKSE:08179 BOM:541352 TSXV:DLC HKSE:08609 BABB
Traded in Other Exchanges
N/A
Address
97, Park Street, Block-C, 3rd Floor, Kolkata, WB, IND, 700016
Website
http://www.duncans-tea.com
Duncans Industries Ltd operates as a tea processing company, which engages in the cultivation, production, processing, and growing of tea and coffee plants. It markets and distributes its tea products under the Runglee Rungliot, No.1, Shakti, Double Diamond, and Sargam brands.

Duncans Industries (BOM:590063) Headlines

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