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Selan Exploration Technology (NSE:SELAN) Inventory Turnover : 1.58 (As of Sep. 2024)


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What is Selan Exploration Technology 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. Selan Exploration Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹258 Mil. Selan Exploration Technology's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹163 Mil. Selan Exploration Technology's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Selan Exploration Technology's Days Inventory for the three months ended in Sep. 2024 was 57.82.

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. Selan Exploration Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.24.


Selan Exploration Technology Inventory Turnover Historical Data

The historical data trend for Selan Exploration Technology'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.

Selan Exploration Technology Inventory Turnover Chart

Selan Exploration Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 5.39 6.62 3.77 3.81

Selan Exploration Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 1.04 1.39 1.36 1.58

Selan Exploration Technology Inventory Turnover Calculation

Selan Exploration Technology'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 )
=810.883 / ((235.446 + 190.347) / 2 )
=810.883 / 212.8965
=3.81

Selan Exploration Technology'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 )
=257.7 / ((0 + 163.3) / 1 )
=257.7 / 163.3
=1.58

* 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.


Selan Exploration Technology  (NSE:SELAN) 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.

Selan Exploration Technology'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
=163.3/257.7*365 / 4
=57.82

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.

Selan Exploration Technology'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 )
=163.3 / 689.2
=0.24

* 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.


Selan Exploration Technology Inventory Turnover Related Terms

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Selan Exploration Technology Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 8th floor, Imperia Mindspace, Sector - 62, Gurgaon, HR, IND, 122102
Selan Exploration Technology Ltd is engaged in the exploration and production of crude oil and natural gas. The company has operations in Bakrol, Lohar, and Karjisan. The company generates a majority of its revenue from the Sale of Crude Oil.

Selan Exploration Technology Headlines

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