Master Components (NSE:MASTER) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Master Components 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. Master Components's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹0.0 Mil. Master Components's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹24.6 Mil. Master Components's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Master Components Inventory Turnover Historical Data

The historical data trend for Master Components'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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Master Components Inventory Turnover Chart

Master Components Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

5.98

5.12

5.44

5.28

7.48

Master Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	-	2.54	2.99	-

Master Components Inventory Turnover Calculation

Master Components'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 )
=	183.821	/ (	(27.2	+	21.975)	/	2 )
=	183.821	/	24.5875
=	7.48

Master Components's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(27.2	+	21.975)	/	2 )
=	0	/	24.5875
=	0.00

Master Components (NSE:MASTER) 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.

Master Components's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	24.5875	/	0	*	365 / 2
	=

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.

Master Components's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	24.5875	/	0
	=

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.

Master Components Inventory Turnover Related Terms

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Master Components Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Master Components Ltd (NSE:MASTER) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. D-10/A and D-10/B, M.I.D.C, Ambad, Nashik, MH, IND, 422010

Website

https://www.master-group.in/mastercomponents.html

Master Components Ltd is a company engaged in manufacturing plastic engineering components and subassemblies. The company's product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before delivering it to its clients. The company provides a list of services such as Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset transfer moulding, and Compression Moulding. The company's product categories include Electrical Components, Automotive Components, Electrical Components, Medical Components, Industrial Components.

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