Mangalam Worldwide (NSE:MWL) Inventory Turnover : 0.96 (As of Dec. 2024)

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What is Mangalam Worldwide 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. Mangalam Worldwide's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,144 Mil. Mangalam Worldwide's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹2,242 Mil. Mangalam Worldwide's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mangalam Worldwide's Days Inventory for the three months ended in Dec. 2024 was 95.39.

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. Mangalam Worldwide's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.83.

Mangalam Worldwide Inventory Turnover Historical Data

The historical data trend for Mangalam Worldwide'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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Mangalam Worldwide Inventory Turnover Chart

Mangalam Worldwide Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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9.03

8.36

15.97

12.04

7.10

Mangalam Worldwide Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial								1.33	2.00	1.21	0.82	0.96

Mangalam Worldwide Inventory Turnover Calculation

Mangalam Worldwide'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 )
=	7454.637	/ (	(645.213	+	1455.097)	/	2 )
=	7454.637	/	1050.155
=	7.10

Mangalam Worldwide'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 )
=	2144.27	/ (	(2241.611	+	0)	/	1 )
=	2144.27	/	2241.611
=	0.96

Mangalam Worldwide (NSE:MWL) 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.

Mangalam Worldwide'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
	=	2241.611	/	2144.27	*	365 / 4
	=	95.39

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.

Mangalam Worldwide'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 )
	=	2241.611	/	2697.904
	=	0.83

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.

Mangalam Worldwide Inventory Turnover Related Terms

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Mangalam Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangalam Worldwide Ltd (NSE:MWL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.mangalamworldwide.com

Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Stainless Steel Billets and SS Flat Bars. The company is also engaged in trading of steel-scrap, ferro alloys, and others.

Mangalam Worldwide Headlines

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