Rossari Biotech (NSE:ROSSARI) Inventory Turnover : 1.07 (As of Dec. 2024)

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What is Rossari Biotech 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. Rossari Biotech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,500 Mil. Rossari Biotech's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3,275 Mil. Rossari Biotech's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rossari Biotech's Days Inventory for the three months ended in Dec. 2024 was 85.38.

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. Rossari Biotech's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.64.

Rossari Biotech Inventory Turnover Historical Data

The historical data trend for Rossari Biotech'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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Rossari Biotech Inventory Turnover Chart

Rossari Biotech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.74

6.06

7.81

6.23

5.54

Rossari Biotech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.14	1.24	1.21	1.04	1.07

Rossari Biotech Inventory Turnover Calculation

Rossari Biotech'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 )
=	13040.73	/ (	(1884.78	+	2823.26)	/	2 )
=	13040.73	/	2354.02
=	5.54

Rossari Biotech'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 )
=	3500.47	/ (	(3275.38	+	0)	/	1 )
=	3500.47	/	3275.38
=	1.07

Rossari Biotech (NSE:ROSSARI) 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.

Rossari Biotech'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
	=	3275.38	/	3500.47	*	365 / 4
	=	85.38

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.

Rossari Biotech'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 )
	=	3275.38	/	5127.31
	=	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.

Rossari Biotech Inventory Turnover Related Terms

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Rossari Biotech Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rossari Biotech Ltd (NSE:ROSSARI) » Definitions » Inventory Turnover

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543213:India

Address

L.B.S. Marg, next to GE Gardens, 201 A and B, 2nd Floor, Akruti Corporate Park, Kanjurmarg (West), Mumbai, MH, IND, 400 078

Website

https://www.rossari.com

Rossari Biotech Ltd is a specialty chemical manufacturing company. It provides customized solutions to specific industrial and production requirements of its customers in the FMCG, apparel, poultry and animal feed industries through its diversified product portfolio comprising home, personal care and performance chemicals; textile specialty chemicals; and animal health and nutrition products. Its business is organized into three categories home, personal care and performance chemicals; textile specialty chemicals; and; animal health and nutrition products. Its products include soaps and detergents, paints, inks and coatings, ceramics and tiles, water treatment chemicals and pulp and paper, and cleaning chemical formulations, among others.

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