S Alam Cold Rolled Steels (DHA:SALAMCRST) Inventory Turnover: 0.15 (As of Mar. 2024)

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DHA:SALAMCRST S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
10 GF Score
Price BDT12.70
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What is S Alam Cold Rolled Steels Inventory Turnover?

S Alam Cold Rolled Steels DHA:SALAMCRST -2.31% 10 Inventory Turnover is 0.15 as of Mar. 2024. GuruFocus rates DHA:SALAMCRST with a GF Score™ of 10/100.

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. S Alam Cold Rolled Steels's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,440 Mil. S Alam Cold Rolled Steels's Average Total Inventories for the quarter that ended in Mar. 2024 was BDT9,387 Mil. S Alam Cold Rolled Steels's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. S Alam Cold Rolled Steels's Days Inventory for the three months ended in Mar. 2024 was 594.85.

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. S Alam Cold Rolled Steels's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 6.14.

S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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.

S Alam Cold Rolled Steels's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=9387.4895/1440.052*365 / 4
=594.85

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.

S Alam Cold Rolled Steels's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=9387.4895 / 1529.211
=6.14

* 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.

S Alam Cold Rolled Steels Inventory Turnover Related Terms

S Alam Cold Rolled Steels Inventory Turnover Historical Data

* Premium members only.

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels Inventory Turnover Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.54 0.61 0.55 0.67

S Alam Cold Rolled Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.11 0.11 0.11 0.15
DHA:SALAMCRST
10GF Score
S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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S Alam Cold Rolled Steels Inventory Turnover Calculation

S Alam Cold Rolled Steels's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=4985.044 / ((6634.694 + 8214.843) / 2 )
=4985.044 / 7424.7685
=0.67

S Alam Cold Rolled Steels's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=1440.052 / ((8815.081 + 9959.898) / 2 )
=1440.052 / 9387.4895
=0.15

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.15 mean?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a Inventory Turnover of 0.15 as of Mar. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on S Alam Cold Rolled Steels and its competitors.
Is S Alam Cold Rolled Steels' Inventory Turnover too high?
S Alam Cold Rolled Steels' current Inventory Turnover is 0.15. Overall, S Alam Cold Rolled Steels has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does S Alam Cold Rolled Steels' Inventory Turnover compare to NUE and STLD?
S Alam Cold Rolled Steels' Inventory Turnover of 0.15 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Steel company?
A good Inventory Turnover depends on the Steel industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on S Alam Cold Rolled Steels and its competitors. S Alam Cold Rolled Steels's current Inventory Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Alam Cold Rolled Steels stock overvalued right now?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a current Inventory Turnover of 0.15. The current Inventory Turnover is 0.15. S Alam Cold Rolled Steels' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For S Alam Cold Rolled Steels (DHA:SALAMCRST), the current Inventory Turnover is 0.15 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

S Alam Cold Rolled Steels Business Description

Address S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT12.70
Price