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Premier Energies (NSE:PREMIERENE) Inventory Turnover : 0.72 (As of Mar. 2025)


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What is Premier Energies 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. Premier Energies's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹9,565 Mil. Premier Energies's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹13,256 Mil. Premier Energies's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premier Energies's Days Inventory for the three months ended in Mar. 2025 was 126.47.

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. Premier Energies's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.82.


Premier Energies Inventory Turnover Historical Data

The historical data trend for Premier Energies'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.

Premier Energies Inventory Turnover Chart

Premier Energies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
9.28 4.53 2.90 2.91 3.50

Premier Energies Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.93 1.25 1.03 1.12 0.72

Premier Energies Inventory Turnover Calculation

Premier Energies's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=40890.95 / ((10093.27 + 13256.4) / 2 )
=40890.95 / 11674.835
=3.50

Premier Energies's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=9564.91 / ((0 + 13256.4) / 1 )
=9564.91 / 13256.4
=0.72

* 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.


Premier Energies  (NSE:PREMIERENE) 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.

Premier Energies's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=13256.4/9564.91*365 / 4
=126.47

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.

Premier Energies's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=13256.4 / 16208.35
=0.82

* 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.


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.


Premier Energies Inventory Turnover Related Terms

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Premier Energies Business Description

Traded in Other Exchanges
Address
Sy. No. 83/1, Hyderabad Knowledge City, 8th Floor, Orbit Tower 1, TSIIC, Raidurgam, Hyderabad, TG, IND, 500081
Premier Energies Ltd is an integrated manufacturer of solar cells and solar modules. The company primarily engages in the manufacturing and trading of solar modules, solar cells, and solar accessories. The majority of the company's revenue comes from the sale of these products and silicon wafers. Additionally, the company earns revenue from the sale of manufactured solar modules and from construction and project-related activities. Geographically the company generates almost all of its revenue within India.

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