BEML (NSE:BEML) Inventory Turnover : 0.16 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is BEML 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. BEML's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,277 Mil. BEML's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹26,660 Mil. BEML's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BEML's Days Inventory for the three months ended in Sep. 2024 was 568.87.

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. BEML's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.10.

BEML Inventory Turnover Historical Data

The historical data trend for BEML'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.

BEML Inventory Turnover Chart

BEML Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

0.86

1.03

1.20

1.04

0.97

BEML Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.23	0.25	0.34	0.14	0.16

BEML Inventory Turnover Calculation

BEML'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 )
=	21014.569	/ (	(20614.093	+	22559.038)	/	2 )
=	21014.569	/	21586.5655
=	0.97

BEML's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	4276.5	/ (	(0	+	26660.4)	/	1 )
=	4276.5	/	26660.4
=	0.16

BEML (NSE:BEML) 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.

BEML's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	26660.4	/	4276.5	*	365 / 4
	=	568.87

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.

BEML's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	26660.4	/	8598.4
	=	3.10

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.

BEML Inventory Turnover Related Terms

Thank you for viewing the detailed overview of BEML's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

BEML Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BEML Ltd (NSE:BEML) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

500048:India

Address

No. 23/1, 4th Main Road, BEML Soudha, S.R. Nagar, Bengaluru, KA, IND, 560027

Website

https://www.bemlindia.in

BEML Ltd is an India-based company that manufactures and supplies defence ground support equipment such as Tatra-based high mobility trucks, aircraft towing tractors, etc. Through its Mining and Construction business, it offers a wide range of mining machinery for both opencast and underground mines such as bulldozers, excavators, dumpers, shovels, loaders, and motor graders. The Rail and Metro business which derives maximum revenue, provides rail coaches, overhead electric inspection cars, and steel and aluminum wagons among other products to the rail and metro sector. The Defence and Aerospace business provides military equipment to the Indian Army and other defence forces. Geographically, the company derives its key revenue within India and the rest from other regions.

BEML Headlines

No Headlines