Maks Energy Solutions India (NSE:MAKS) Inventory Turnover : 3.32 (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Maks Energy Solutions India 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. Maks Energy Solutions India's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹397.8 Mil. Maks Energy Solutions India's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹119.7 Mil. Maks Energy Solutions India's Inventory Turnover for the quarter that ended in Mar. 2023 was 3.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maks Energy Solutions India's Days Inventory for the six months ended in Mar. 2023 was 54.90.

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. Maks Energy Solutions India's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.27.

Maks Energy Solutions India Inventory Turnover Historical Data

The historical data trend for Maks Energy Solutions India'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.

Maks Energy Solutions India Inventory Turnover Chart

Maks Energy Solutions India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

2.28

1.23

1.84

3.32

Maks Energy Solutions India Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Inventory Turnover	2.28	1.23	1.84	3.32

Maks Energy Solutions India Inventory Turnover Calculation

Maks Energy Solutions India's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	397.828	/ (	(110.457	+	128.881)	/	2 )
=	397.828	/	119.669
=	3.32

Maks Energy Solutions India's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	397.828	/ (	(110.457	+	128.881)	/	2 )
=	397.828	/	119.669
=	3.32

Maks Energy Solutions India (NSE:MAKS) 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.

Maks Energy Solutions India's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	119.669	/	397.828	*	365 / 2
	=	54.90

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.

Maks Energy Solutions India's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	119.669	/	443.296
	=	0.27

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.

Maks Energy Solutions India Inventory Turnover Related Terms

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

Maks Energy Solutions India (NSE:MAKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maks Energy Solutions India Ltd (NSE:MAKS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shubham Society, Showroom-1, 599/600 Rasta Peth, Near- Parsi Agyari, Pune, MH, IND, 411011

Website

https://www.maksgenerators.com

Maks Energy Solutions India Ltd is engaged in the business of trading, dealing, assembling, selling, installing, testing, and commissioning generator and Diesel Generator sets. The company's products include Tata generators, Cummins generators, Perkins generators, and Spare parts. The company also has dealers outside India in Europe, Latin America, the USA, Singapore, the Middle East, Africa, Thailand, Nepal, Sri Lanka, and many other countries.

Maks Energy Solutions India (NSE:MAKS) Headlines

No Headlines