Sundrop Brands (NSE:SUNDROP) Inventory Turnover : 0.98 (As of Dec. 2024)

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What is Sundrop Brands 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. Sundrop Brands's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,296 Mil. Sundrop Brands's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹1,318 Mil. Sundrop Brands's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sundrop Brands's Days Inventory for the three months ended in Dec. 2024 was 92.79.

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. Sundrop Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.63.

Sundrop Brands Inventory Turnover Historical Data

The historical data trend for Sundrop Brands'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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Sundrop Brands Inventory Turnover Chart

Sundrop Brands Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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7.05

6.17

4.48

3.42

3.01

Sundrop Brands 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															0.81	0.78	0.78	0.98	0.98

Sundrop Brands Inventory Turnover Calculation

Sundrop Brands's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	4701.31	/ (	(1660.98	+	1457.95)	/	2 )
=	4701.31	/	1559.465
=	3.01

Sundrop Brands'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 )
=	1296	/ (	(1317.9	+	0)	/	1 )
=	1296	/	1317.9
=	0.98

Sundrop Brands (NSE:SUNDROP) 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.

Sundrop Brands'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
	=	1317.9	/	1296	*	365 / 4
	=	92.79

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.

Sundrop Brands'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 )
	=	1317.9	/	2079.2
	=	0.63

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.

Sundrop Brands Inventory Turnover Related Terms

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Sundrop Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sundrop Brands Ltd (NSE:SUNDROP) » Definitions » Inventory Turnover

Traded in Other Exchanges

500215:India

Address

Phase - II, DLF Cyber City, Tower C, 15th Floor, Building No. 10, Gurugram, HR, IND, 122002

Website

https://www.sundropbrands.com/home.aspx

Sundrop Brands Ltd is an India-based company that engages in the business of manufacturing and trading edible oils and food products. The company offers refined oil and ready-to-cook food products. The products are offered under the brand names Sundrop Oils, ACT II Popcorn, Sundrop Peanut Butter, Crystal, and others. Geographically, the firm generates a majority of its revenue from India.

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