Jayaswal NECO Industries (NSE:JAYNECOIND) Inventory Turnover : 0.51 (As of Mar. 2025)

View and export this data going back to 1995. Start your Free Trial

What is Jayaswal NECO 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. Jayaswal NECO Industries's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹6,138 Mil. Jayaswal NECO Industries's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹12,141 Mil. Jayaswal NECO Industries's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jayaswal NECO Industries's Days Inventory for the three months ended in Mar. 2025 was 180.50.

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. Jayaswal NECO Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.72.

Jayaswal NECO Industries Inventory Turnover Historical Data

The historical data trend for Jayaswal NECO 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.

* Premium members only.

Jayaswal NECO Industries Inventory Turnover Chart

Jayaswal NECO Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

Get a 7-Day Free Trial

2.99

3.89

3.98

1.74

1.93

Jayaswal NECO Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.38	0.49	0.41	0.57	0.51

Jayaswal NECO Industries Inventory Turnover Calculation

Jayaswal NECO Industries'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 )
=	26089.4	/ (	(14945.551	+	12140.7)	/	2 )
=	26089.4	/	13543.1255
=	1.93

Jayaswal NECO Industries'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 )
=	6137.6	/ (	(0	+	12140.7)	/	1 )
=	6137.6	/	12140.7
=	0.51

Jayaswal NECO Industries (NSE:JAYNECOIND) 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.

Jayaswal NECO Industries'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
	=	12140.7	/	6137.6	*	365 / 4
	=	180.50

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.

Jayaswal NECO Industries'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 )
	=	12140.7	/	16752.7
	=	0.72

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.

Jayaswal NECO Industries Inventory Turnover Related Terms

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

Jayaswal NECO Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jayaswal NECO Industries Ltd (NSE:JAYNECOIND) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

522285:India

Address

D-3/1, Central MIDC Road, Hingna MIDC Industrial Area, Nagpur, MH, IND, 440016

Website

https://www.necoindia.com

Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.

Jayaswal NECO Industries Headlines

No Headlines