Prince Pipes And Fittings (NSE:PRINCEPIPE) Inventory Turnover : 0.77 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Prince Pipes And Fittings 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. Prince Pipes And Fittings's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,542 Mil. Prince Pipes And Fittings's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹5,885 Mil. Prince Pipes And Fittings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prince Pipes And Fittings's Days Inventory for the three months ended in Sep. 2024 was 118.24.

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. Prince Pipes And Fittings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.95.

Prince Pipes And Fittings Inventory Turnover Historical Data

The historical data trend for Prince Pipes And Fittings'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.

Prince Pipes And Fittings Inventory Turnover Chart

Prince Pipes And Fittings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

4.17

4.86

4.50

4.03

4.25

Prince Pipes And Fittings 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															1.11	1.06	1.23	1.00	0.77

Prince Pipes And Fittings Inventory Turnover Calculation

Prince Pipes And Fittings'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 )
=	18369.94	/ (	(4256.45	+	4378.89)	/	2 )
=	18369.94	/	4317.67
=	4.25

Prince Pipes And Fittings'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 )
=	4541.63	/ (	(0	+	5884.76)	/	1 )
=	4541.63	/	5884.76
=	0.77

Prince Pipes And Fittings (NSE:PRINCEPIPE) 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.

Prince Pipes And Fittings'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
	=	5884.76	/	4541.63	*	365 / 4
	=	118.24

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.

Prince Pipes And Fittings'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 )
	=	5884.76	/	6220.66
	=	0.95

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.

Prince Pipes And Fittings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Prince Pipes And Fittings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Prince Pipes And Fittings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prince Pipes And Fittings Ltd (NSE:PRINCEPIPE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

542907:India

Address

29, Senapati Bapat Marg (Tulsi Pipe Road), 8th Floor, The Ruby, Dadar (West), Mumbai, MH, IND, 400 028

Website

https://www.princepipes.com

Prince Pipes And Fittings Ltd is a manufacturer of polymer pipes and fittings. The company manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. It markets its products under two brand names: Prince Piping Systems; and Trubore. The company's products are used for various applications in plumbing, irrigation, soil, waste, and rainwater management in both rural and urban areas, and others.

Prince Pipes And Fittings Headlines

No Headlines