Mold-tek Packaging (NSE:MOLDTKPAC) Inventory Turnover : 0.88 (As of Sep. 2024)

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What is Mold-tek Packaging 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. Mold-tek Packaging's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹1,081 Mil. Mold-tek Packaging's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹1,231 Mil. Mold-tek Packaging's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mold-tek Packaging's Days Inventory for the three months ended in Sep. 2024 was 103.92.

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. Mold-tek Packaging's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.64.

Mold-tek Packaging Inventory Turnover Historical Data

The historical data trend for Mold-tek Packaging'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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Mold-tek Packaging Inventory Turnover Chart

Mold-tek Packaging Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.22

4.51

4.52

4.82

4.20

Mold-tek Packaging 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															0.91	0.88	0.94	1.09	0.88

Mold-tek Packaging Inventory Turnover Calculation

Mold-tek Packaging'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 )
=	3966.891	/ (	(851.582	+	1035.951)	/	2 )
=	3966.891	/	943.7665
=	4.20

Mold-tek Packaging'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 )
=	1081.088	/ (	(0	+	1231.224)	/	1 )
=	1081.088	/	1231.224
=	0.88

Mold-tek Packaging (NSE:MOLDTKPAC) 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.

Mold-tek Packaging'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
	=	1231.224	/	1081.088	*	365 / 4
	=	103.92

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.

Mold-tek Packaging'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 )
	=	1231.224	/	1913.044
	=	0.64

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.

Mold-tek Packaging Inventory Turnover Related Terms

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Mold-tek Packaging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mold-tek Packaging Ltd (NSE:MOLDTKPAC) » Definitions » Inventory Turnover

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533080:India

Address

Road No. 36, Jubilee Hills, Plot No: 700, Door No: 8-2-293/82/A/700, Hyderabad, TG, IND, 500033

Website

https://www.moldtekpackaging.com

Mold-tek Packaging Ltd is an Indian based company operating in the packaging container business segment. The company is engaged in the manufacturing of injection molded containers for lubes, paints, food and other products. Geographically, all the activities are carried out in India.

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