Jyoti CNC Automation (NSE:JYOTICNC) Inventory Turnover : 0.26 (As of Dec. 2024)

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What is Jyoti CNC Automation 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. Jyoti CNC Automation's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,239 Mil. Jyoti CNC Automation's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹8,620 Mil. Jyoti CNC Automation's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jyoti CNC Automation's Days Inventory for the three months ended in Dec. 2024 was 351.30.

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. Jyoti CNC Automation's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.92.

Jyoti CNC Automation Inventory Turnover Historical Data

The historical data trend for Jyoti CNC Automation'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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Jyoti CNC Automation Inventory Turnover Chart

Jyoti CNC Automation Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

0.56

0.75

0.84

0.90

Jyoti CNC Automation Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					0.21	0.36	0.20	0.25	0.26

Jyoti CNC Automation Inventory Turnover Calculation

Jyoti CNC Automation'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 )
=	7576.67	/ (	(8199.04	+	8659.88)	/	2 )
=	7576.67	/	8429.46
=	0.90

Jyoti CNC Automation'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 )
=	2239.06	/ (	(8619.99	+	0)	/	1 )
=	2239.06	/	8619.99
=	0.26

Jyoti CNC Automation (NSE:JYOTICNC) 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.

Jyoti CNC Automation'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
	=	8619.99	/	2239.06	*	365 / 4
	=	351.30

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.

Jyoti CNC Automation'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 )
	=	8619.99	/	4495.08
	=	1.92

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.

Jyoti CNC Automation Inventory Turnover Related Terms

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Jyoti CNC Automation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti CNC Automation Ltd (NSE:JYOTICNC) » Definitions » Inventory Turnover

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544081:India

Address

G - 506, Lodhika GIDC, Village Metoda, Rajkot, GJ, IND, 360021

Website

https://www.jyoti.co.in

Jyoti CNC Automation Ltd is a manufacturer of CNC machines. It is a manufacturer of simultaneous 5-Axis CNC machines and has a diverse portfolio of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. It operates only in one segment, Manufacturing of Metal Cutting CNC Machine.

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