Shurwid Industries (DHA:SHURWID) Inventory Turnover: 0.99 (As of Mar. 2020)

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DHA:SHURWID Shurwid Industries Ltd DHA:SHURWID
5 GF Score
Price BDT6.20
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What is Shurwid Industries Inventory Turnover?

Shurwid Industries DHA:SHURWID +3.33% 5 Inventory Turnover is 0.99 as of Mar. 2020. GuruFocus rates DHA:SHURWID with a GF Score™ of 5/100.

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. Shurwid Industries's Cost of Goods Sold for the three months ended in Mar. 2020 was BDT29.6 Mil. Shurwid Industries's Average Total Inventories for the quarter that ended in Mar. 2020 was BDT29.8 Mil. Shurwid Industries's Inventory Turnover for the quarter that ended in Mar. 2020 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shurwid Industries's Days Inventory for the three months ended in Mar. 2020 was 91.82.

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. Shurwid Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.71.

Shurwid Industries  (DHA:SHURWID) 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.

Shurwid Industries's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2020 )/Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=29.761/29.576*365 / 4
=91.82

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.

Shurwid Industries's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=29.761 / 42.126
=0.71

* 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.

Shurwid Industries Inventory Turnover Related Terms

Shurwid Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shurwid 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.

Shurwid Industries Inventory Turnover Chart

Shurwid Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Inventory Turnover
0.00 0.82 1.10 2.56 8.60

Shurwid Industries Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 1.44 1.80 1.97 1.46 0.99
DHA:SHURWID
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Shurwid Industries Ltd DHA:SHURWID
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shurwid Industries Inventory Turnover Calculation

Shurwid Industries's Inventory Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Inventory Turnover (A: Jun. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2019 ) / ((Total Inventories (A: Jun. 2018 ) + Total Inventories (A: Jun. 2019 )) / count )
=111.085 / ((12.796 + 13.042) / 2 )
=111.085 / 12.919
=8.60

Shurwid Industries's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

Inventory Turnover (Q: Mar. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2020 ) / ((Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count )
=29.576 / ((29.558 + 29.964) / 2 )
=29.576 / 29.761
=0.99

* 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 0.99 mean?
Shurwid Industries (DHA:SHURWID) has a Inventory Turnover of 0.99 as of Mar. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shurwid Industries and its competitors.
Is Shurwid Industries' Inventory Turnover too high?
Shurwid Industries' current Inventory Turnover is 0.99. Overall, Shurwid Industries has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Shurwid Industries' Inventory Turnover compare to BLL and AMCR?
Shurwid Industries' Inventory Turnover of 0.99 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Inventory Turnover depends on the Packaging & Containers 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 Shurwid Industries and its competitors. Shurwid Industries's current Inventory Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurwid Industries stock overvalued right now?
Shurwid Industries (DHA:SHURWID) has a current Inventory Turnover of 0.99. The current Inventory Turnover is 0.99. Shurwid Industries' overall GF Score™ is 5/100. 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 Shurwid Industries (DHA:SHURWID), the current Inventory Turnover is 0.99 as of Mar. 2020. 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.

Shurwid Industries Business Description

Address H- 2, R-7, L-7, Rupayan Prime, Dhanmondi, Dhaka, BGD, 1205
Shurwid Industries Ltd is engaged in manufacturing of PVC sheet & food grade disposable products. The company's product categories include water cups, lunch boxes, plates, and others.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT6.20
Price