Libas Consumer Products (NSE:LIBAS) Inventory Turnover: 0.51 (As of Sep. 2024)


NSE:LIBAS Libas Consumer Products Ltd NSE:LIBAS
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What is Libas Consumer Products Inventory Turnover?

Libas Consumer Products NSE:LIBAS -0.85% 4 Inventory Turnover is 0.51 as of Sep. 2024. GuruFocus rates NSE:LIBAS with a GF Score™ of 4/100.

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. Libas Consumer Products's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹152.8 Mil. Libas Consumer Products's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹297.4 Mil. Libas Consumer Products's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Libas Consumer Products's Days Inventory for the three months ended in Sep. 2024 was 177.58.

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. Libas Consumer Products's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.46.

Libas Consumer Products  (NSE:LIBAS) 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.

Libas Consumer Products'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
=297.4/152.817*365 / 4
=177.58

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.

Libas Consumer Products'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 )
=297.4 / 203.306
=1.46

* 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.

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.

Libas Consumer Products Inventory Turnover Related Terms

Libas Consumer Products Inventory Turnover Historical Data

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The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Inventory Turnover Chart

Libas Consumer Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 1.82 2.51 1.93 2.19

Libas Consumer Products 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.47 0.83 0.53 0.51
NSE:LIBAS
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Libas Consumer Products Ltd NSE:LIBAS
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Libas Consumer Products Inventory Turnover Calculation

Libas Consumer Products'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 )
=682.388 / ((346.854 + 275.792) / 2 )
=682.388 / 311.323
=2.19

Libas Consumer Products'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 )
=152.817 / ((0 + 297.4) / 1 )
=152.817 / 297.4
=0.51

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.51 mean?
Libas Consumer Products (NSE:LIBAS) has a Inventory Turnover of 0.51 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Libas Consumer Products and its competitors.
Is Libas Consumer Products' Inventory Turnover too high?
Libas Consumer Products' current Inventory Turnover is 0.51. Overall, Libas Consumer Products has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Libas Consumer Products' Inventory Turnover compare to RL and LEVI?
Libas Consumer Products' Inventory Turnover of 0.51 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Libas Consumer Products and its competitors. Libas Consumer Products's current Inventory Turnover is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Libas Consumer Products stock overvalued right now?
Libas Consumer Products (NSE:LIBAS) has a current Inventory Turnover of 0.51. The current Inventory Turnover is 0.51. Libas Consumer Products' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Libas Consumer Products (NSE:LIBAS), the current Inventory Turnover is 0.51 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Libas Consumer Products Business Description

Address Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.
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