Techno Drugs (DHA:TECHNODRUG) Inventory Turnover : 0.57 (As of Dec. 2024)

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What is Techno Drugs 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. Techno Drugs's Cost of Goods Sold for the three months ended in Dec. 2024 was BDT534 Mil. Techno Drugs's Average Total Inventories for the quarter that ended in Dec. 2024 was BDT931 Mil. Techno Drugs's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techno Drugs's Days Inventory for the three months ended in Dec. 2024 was 159.20.

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. Techno Drugs's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.02.

Techno Drugs Inventory Turnover Historical Data

The historical data trend for Techno Drugs'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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Techno Drugs Inventory Turnover Chart

Techno Drugs Annual Data

Trend

Inventory Turnover

Techno Drugs Quarterly Data
	Sep23	Dec23	Sep24	Dec24
Inventory Turnover	-	-	0.66	0.57

Techno Drugs Inventory Turnover Calculation

Techno Drugs's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Techno Drugs'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 )
=	533.596	/ (	(913.447	+	948.484)	/	2 )
=	533.596	/	930.9655
=	0.57

Techno Drugs (DHA:TECHNODRUG) 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.

Techno Drugs'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
	=	930.9655	/	533.596	*	365 / 4
	=	159.20

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.

Techno Drugs'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 )
	=	930.9655	/	913.512
	=	1.02

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.

Techno Drugs Inventory Turnover Related Terms

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Techno Drugs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Techno Drugs Ltd (DHA:TECHNODRUG) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

31 Segun Bagicha, J K Tower, Dhaka, BGD, 1000

Website

https://www.technodrugsltd.com

Techno Drugs Ltd is a pharmaceutical company. The company manufactures medicines for the healthcare market with quality products, a distribution channel, and doctor-patient acceptance. The company is also engaged in production of Anti-Cancer medicines and medicines for therapeutic areas like oncology, cardiovascular, diabetes, immune suppressor, anesthetics, life-saving antibiotics & contrast media in Bangladesh. The product portfolio of the company include Algicar Plus, Amoclav Forte, Adesol Oral Solution, Aminovet Injection, Apegestrol Tab, Docetex 20 Inj, and others.

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