Alpex Solar (NSE:ALPEXSOLAR) Inventory Turnover : 2.87 (As of Mar. 2025)

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What is Alpex Solar 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. Alpex Solar's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹2,543 Mil. Alpex Solar's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹886 Mil. Alpex Solar's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alpex Solar's Days Inventory for the three months ended in Mar. 2025 was 31.79.

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. Alpex Solar's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.27.

Alpex Solar Inventory Turnover Historical Data

The historical data trend for Alpex Solar'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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Alpex Solar Inventory Turnover Chart

Alpex Solar Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

3.94

3.89

3.46

7.77

8.65

Alpex Solar Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial				1.44	2.68	-	2.16	2.87

Alpex Solar Inventory Turnover Calculation

Alpex Solar's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	6025.158	/ (	(369.576	+	1023.949)	/	2 )
=	6025.158	/	696.7625
=	8.65

Alpex Solar'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 )
=	2543.442	/ (	(747.977	+	1023.949)	/	2 )
=	2543.442	/	885.963
=	2.87

Alpex Solar (NSE:ALPEXSOLAR) 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.

Alpex Solar'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
	=	885.963	/	2543.442	*	365 / 4
	=	31.79

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.

Alpex Solar'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 )
	=	885.963	/	3273.899
	=	0.27

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.

Alpex Solar Inventory Turnover Related Terms

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Alpex Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alpex Solar Ltd (NSE:ALPEXSOLAR) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306

Website

https://www.alpexsolar.com

Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules and also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

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