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Tandlianwala Sugar Mills (KAR:TSML) Inventory Turnover : 0.45 (As of Dec. 2023)


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What is Tandlianwala Sugar Mills 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. Tandlianwala Sugar Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₨5,540 Mil. Tandlianwala Sugar Mills's Average Total Inventories for the quarter that ended in Dec. 2023 was ₨12,380 Mil. Tandlianwala Sugar Mills's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tandlianwala Sugar Mills's Days Inventory for the three months ended in Dec. 2023 was 203.92.

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. Tandlianwala Sugar Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.86.


Tandlianwala Sugar Mills Inventory Turnover Historical Data

The historical data trend for Tandlianwala Sugar Mills'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.

Tandlianwala Sugar Mills Inventory Turnover Chart

Tandlianwala Sugar Mills Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 5.15 4.42 3.43 4.55

Tandlianwala Sugar Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 1.06 0.49 0.59 0.45

Tandlianwala Sugar Mills Inventory Turnover Calculation

Tandlianwala Sugar Mills's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Inventory Turnover (A: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2023 ) / ((Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count )
=36617.315 / ((9242.202 + 6866.775) / 2 )
=36617.315 / 8054.4885
=4.55

Tandlianwala Sugar Mills's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=5539.956 / ((6866.775 + 17893.579) / 2 )
=5539.956 / 12380.177
=0.45

* 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.


Tandlianwala Sugar Mills  (KAR:TSML) 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.

Tandlianwala Sugar Mills's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=12380.177/5539.956*365 / 4
=203.92

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.

Tandlianwala Sugar Mills's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=12380.177 / 6673.655
=1.86

* 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.


Tandlianwala Sugar Mills Inventory Turnover Related Terms

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Tandlianwala Sugar Mills (KAR:TSML) Business Description

Traded in Other Exchanges
N/A
Address
66-L, Gulberg-II, Lahore, PB, PAK, 54660
Tandlianwala Sugar Mills Ltd is engaged in the production and sale of white crystalline Sugar, Ethanol, and Carbon Dioxide.

Tandlianwala Sugar Mills (KAR:TSML) Headlines

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