Petro Carbon and Chemical (NSE:PCCL) Inventory Turnover : 4.50 (As of Mar. 2023)

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What is Petro Carbon and Chemical 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. Petro Carbon and Chemical's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹4,492 Mil. Petro Carbon and Chemical's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹998 Mil. Petro Carbon and Chemical's Inventory Turnover for the quarter that ended in Mar. 2023 was 4.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petro Carbon and Chemical's Days Inventory for the six months ended in Mar. 2023 was 40.56.

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. Petro Carbon and Chemical's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.19.

Petro Carbon and Chemical Inventory Turnover Historical Data

The historical data trend for Petro Carbon and Chemical'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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Petro Carbon and Chemical Inventory Turnover Chart

Petro Carbon and Chemical Annual Data

Trend

Mar21

Mar22

Mar23

Inventory Turnover

2.39

2.86

4.50

Petro Carbon and Chemical Semi-Annual Data
	Mar21	Mar22	Mar23
Inventory Turnover	2.39	2.86	4.50

Petro Carbon and Chemical Inventory Turnover Calculation

Petro Carbon and Chemical'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 )
=	4492.432	/ (	(1107.627	+	889.014)	/	2 )
=	4492.432	/	998.3205
=	4.50

Petro Carbon and Chemical'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 )
=	4492.432	/ (	(1107.627	+	889.014)	/	2 )
=	4492.432	/	998.3205
=	4.50

Petro Carbon and Chemical (NSE:PCCL) 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.

Petro Carbon and Chemical'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
	=	998.3205	/	4492.432	*	365 / 2
	=	40.56

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.

Petro Carbon and Chemical'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 )
	=	998.3205	/	5155.067
	=	0.19

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.

Petro Carbon and Chemical Inventory Turnover Related Terms

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Petro Carbon and Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petro Carbon and Chemical Ltd (NSE:PCCL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Park Street, Avani Signature, 6th Floor, 91A/1, Kolkata, WB, IND, 700016

Website

https://www.pccl.in

Petro Carbon and Chemical Ltd is engaged in the business of manufacturing and marketing of Calcined Petroleum Coke (CPC) in the carbon industry. It supplies its product to the aluminum manufacturing government companies, graphite electrodes, and titanium dioxide manufacturers as well as other users in the metallurgical, chemical industries, and other steel manufacturing companies.

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