Sapphire Fibres (KAR:SFL) Inventory Turnover : 0.64 (As of Dec. 2024)

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What is Sapphire Fibres 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. Sapphire Fibres's Cost of Goods Sold for the three months ended in Dec. 2024 was ₨12,488 Mil. Sapphire Fibres's Average Total Inventories for the quarter that ended in Dec. 2024 was ₨19,416 Mil. Sapphire Fibres's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sapphire Fibres's Days Inventory for the three months ended in Dec. 2024 was 141.87.

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. Sapphire Fibres's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.35.

Sapphire Fibres Inventory Turnover Historical Data

The historical data trend for Sapphire Fibres'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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Sapphire Fibres Inventory Turnover Chart

Sapphire Fibres Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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3.31

3.24

3.84

3.40

3.65

Sapphire Fibres 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															0.54	0.55	0.97	0.97	0.64

Sapphire Fibres Inventory Turnover Calculation

Sapphire Fibres'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 )
=	58880.1	/ (	(15780.159	+	16492.334)	/	2 )
=	58880.1	/	16136.2465
=	3.65

Sapphire Fibres'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 )
=	12488.421	/ (	(17633.252	+	21199.176)	/	2 )
=	12488.421	/	19416.214
=	0.64

Sapphire Fibres (KAR:SFL) 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.

Sapphire Fibres'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
	=	19416.214	/	12488.421	*	365 / 4
	=	141.87

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.

Sapphire Fibres'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 )
	=	19416.214	/	14374.004
	=	1.35

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.

Sapphire Fibres Inventory Turnover Related Terms

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Sapphire Fibres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sapphire Fibres Ltd (KAR:SFL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK

Website

https://www.sapphiretextiles.com.pk

Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim and Power.