ASK Automotive (NSE:ASKAUTOLTD) Inventory Turnover : 2.43 (As of Mar. 2025)

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What is ASK Automotive 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. ASK Automotive's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹5,586 Mil. ASK Automotive's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹2,299 Mil. ASK Automotive's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASK Automotive's Days Inventory for the three months ended in Mar. 2025 was 37.55.

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

ASK Automotive Inventory Turnover Historical Data

The historical data trend for ASK Automotive'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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ASK Automotive Inventory Turnover Chart

ASK Automotive Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

9.16

12.14

13.20

12.33

11.94

ASK Automotive Quarterly Data
	Mar21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial								3.02	3.30	2.88	2.66	2.43

ASK Automotive Inventory Turnover Calculation

ASK Automotive'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 )
=	24277.8	/ (	(1767.764	+	2299)	/	2 )
=	24277.8	/	2033.382
=	11.94

ASK Automotive'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 )
=	5586.2	/ (	(0	+	2299)	/	1 )
=	5586.2	/	2299
=	2.43

ASK Automotive (NSE:ASKAUTOLTD) 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.

ASK Automotive'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
	=	2299	/	5586.2	*	365 / 4
	=	37.55

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.

ASK Automotive'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 )
	=	2299	/	8496.7
	=	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.

ASK Automotive Inventory Turnover Related Terms

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ASK Automotive Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ASK Automotive Ltd (NSE:ASKAUTOLTD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

544022:India

Address

Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050

Website

https://www.askbrake.com

ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminum lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.

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