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Lucky Cement (KAR:LUCK) Inventory Turnover : 0.89 (As of Dec. 2024)


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What is Lucky Cement 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. Lucky Cement's Cost of Goods Sold for the three months ended in Dec. 2024 was ₨79,465 Mil. Lucky Cement's Average Total Inventories for the quarter that ended in Dec. 2024 was ₨88,795 Mil. Lucky Cement's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lucky Cement's Days Inventory for the three months ended in Dec. 2024 was 101.96.

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. Lucky Cement's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.79.


Lucky Cement Inventory Turnover Historical Data

The historical data trend for Lucky Cement'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.

* Premium members only.

Lucky Cement Inventory Turnover Chart

Lucky Cement Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 4.13 3.95 3.71 3.50

Lucky Cement Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.84 0.76 0.78 0.89 0.89

Lucky Cement Inventory Turnover Calculation

Lucky Cement'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 )
=287478.242 / ((71268.963 + 92883.882) / 2 )
=287478.242 / 82076.4225
=3.50

Lucky Cement'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 )
=79465.42 / ((86218.611 + 91371.35) / 2 )
=79465.42 / 88794.9805
=0.89

* 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.


Lucky Cement  (KAR:LUCK) 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.

Lucky Cement'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
=88794.9805/79465.42*365 / 4
=101.96

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.

Lucky Cement'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 )
=88794.9805 / 112853.575
=0.79

* 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.


Lucky Cement Inventory Turnover Related Terms

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Lucky Cement Business Description

Traded in Other Exchanges
N/A
Address
A. Aziz Hashim Tabba Street, 6-A Muhammad Ali Housing Society, Karachi, SD, PAK, 75350
Lucky Cement Ltd is a cement manufacturer. Its main activities include producing Ordinary Portland Cement and Sulphate Resistant Cement. The company's segments are Cement, Polyester, Soda Ash, Pharma, Life Science and Chemicals, Automobile & Mobile Phone Assembling, Power Generation, and Others. Its various brands are Lucky Cement, Lucky Star, Lucky Gold, Lucky Sulphate Resistant Cement, Lucky Block Cement, and Lucky Raj.