Sandhar Technologies (NSE:SANDHAR) Inventory Turnover : 1.50 (As of Dec. 2024)

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What is Sandhar Technologies 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. Sandhar Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹5,949 Mil. Sandhar Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3,959 Mil. Sandhar Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sandhar Technologies's Days Inventory for the three months ended in Dec. 2024 was 60.72.

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. Sandhar Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.41.

Sandhar Technologies Inventory Turnover Historical Data

The historical data trend for Sandhar Technologies'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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Sandhar Technologies Inventory Turnover Chart

Sandhar Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.06

5.97

6.65

7.09

7.37

Sandhar Technologies 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															1.75	2.23	1.64	1.53	1.50

Sandhar Technologies Inventory Turnover Calculation

Sandhar Technologies'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 )
=	23483.838	/ (	(3004.455	+	3368.98)	/	2 )
=	23483.838	/	3186.7175
=	7.37

Sandhar Technologies'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 )
=	5949.109	/ (	(3958.7	+	0)	/	1 )
=	5949.109	/	3958.7
=	1.50

Sandhar Technologies (NSE:SANDHAR) 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.

Sandhar Technologies'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
	=	3958.7	/	5949.109	*	365 / 4
	=	60.72

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.

Sandhar Technologies'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 )
	=	3958.7	/	9736.874
	=	0.41

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.

Sandhar Technologies Inventory Turnover Related Terms

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Sandhar Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sandhar Technologies Ltd (NSE:SANDHAR) » Definitions » Inventory Turnover

Traded in Other Exchanges

541163:India

Address

Plot Number 13, Sector-44, Gurugram, HR, IND, 122002

Website

https://www.sandhargroup.com

Sandhar Technologies Ltd is an auto part supplier catering to automotive OEMs that focuses on the safety and security systems of vehicles. The company's operating segment is identified as Automotive components. The principal geographical segments of the company are classified as India, Europe, and others with a majority of revenue coming from India. The company's products include locking systems, rearview mirrors, door handles, die castings, injection molding, relays, and automotive optoelectronics.

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