DCM Shriram Industries (NSE:DCMSRIND) Inventory Turnover : 0.67 (As of Dec. 2024)

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What is DCM Shriram Industries 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. DCM Shriram Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,963 Mil. DCM Shriram Industries's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹4,413 Mil. DCM Shriram Industries's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DCM Shriram Industries's Days Inventory for the three months ended in Dec. 2024 was 135.91.

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. DCM Shriram Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.91.

DCM Shriram Industries Inventory Turnover Historical Data

The historical data trend for DCM Shriram Industries'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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DCM Shriram Industries Inventory Turnover Chart

DCM Shriram Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.94

2.12

2.32

2.68

1.94

DCM Shriram Industries 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															0.73	0.52	0.45	0.73	0.67

DCM Shriram Industries Inventory Turnover Calculation

DCM Shriram Industries'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 )
=	13339.113	/ (	(6348.291	+	7395.447)	/	2 )
=	13339.113	/	6871.869
=	1.94

DCM Shriram Industries'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 )
=	2962.9	/ (	(4413	+	0)	/	1 )
=	2962.9	/	4413
=	0.67

DCM Shriram Industries (NSE:DCMSRIND) 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.

DCM Shriram Industries'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
	=	4413	/	2962.9	*	365 / 4
	=	135.91

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.

DCM Shriram Industries'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 )
	=	4413	/	4859.2
	=	0.91

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.

DCM Shriram Industries Inventory Turnover Related Terms

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DCM Shriram Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DCM Shriram Industries Ltd (NSE:DCMSRIND) » Definitions » Inventory Turnover

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Traded in Other Exchanges

523369:India

Address

18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001

Website

https://www.dcmsr.com

DCM Shriram Industries Ltd is engaged in the manufacturing of sugar. The company's operating segment includes Sugar; Industrial fibres and related products and Chemicals. The company generates maximum revenue from the Sugar segment. The sugar segment of the company comprises sugar, power, and alcohols, the industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the chemicals segment comprises organics and fine chemicals. Geographically, the company derives a majority of its revenue from India and also has a presence in Europe; China, and the Rest of the World.

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