Titas Gas Transmission and Distribution (DHA:TITASGAS) Inventory Turnover : 20.12 (As of Mar. 2025)

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What is Titas Gas Transmission and Distribution 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. Titas Gas Transmission and Distribution's Cost of Goods Sold for the three months ended in Mar. 2025 was BDT90,458 Mil. Titas Gas Transmission and Distribution's Average Total Inventories for the quarter that ended in Mar. 2025 was BDT4,497 Mil. Titas Gas Transmission and Distribution's Inventory Turnover for the quarter that ended in Mar. 2025 was 20.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Titas Gas Transmission and Distribution's Days Inventory for the three months ended in Mar. 2025 was 4.54.

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. Titas Gas Transmission and Distribution's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.05.

Titas Gas Transmission and Distribution Inventory Turnover Historical Data

The historical data trend for Titas Gas Transmission and Distribution'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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Titas Gas Transmission and Distribution Inventory Turnover Chart

Titas Gas Transmission and Distribution Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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85.12

94.91

91.48

103.76

101.60

Titas Gas Transmission and Distribution Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															28.90	25.55	21.03	22.50	20.12

Titas Gas Transmission and Distribution Inventory Turnover Calculation

Titas Gas Transmission and Distribution's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	353654.548	/ (	(2991.325	+	3970.167)	/	2 )
=	353654.548	/	3480.746
=	101.60

Titas Gas Transmission and Distribution's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	90457.982	/ (	(4517.09	+	4476.474)	/	2 )
=	90457.982	/	4496.782
=	20.12

Titas Gas Transmission and Distribution (DHA:TITASGAS) 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.

Titas Gas Transmission and Distribution's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	4496.782	/	90457.982	*	365 / 4
	=	4.54

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.

Titas Gas Transmission and Distribution's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	4496.782	/	90230.139
	=	0.05

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.

Titas Gas Transmission and Distribution Inventory Turnover Related Terms

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Titas Gas Transmission and Distribution Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Titas Gas Transmission and Distribution PLC (DHA:TITASGAS) » Definitions » Inventory Turnover

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Address

105, Kazi Nazrul Islam Avenue, 2nd Floor, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215

Website

https://www.titasgas.gov.bd

Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. It operates through the segments that are distributed the same to the consumers in power, fertilizer, industrial, captive power, Feed Gas for CNG, Domestic Metered, Domestic Non-Domestic, and commercial.

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