Simplex Infrastructures (NSE:SIMPLEXINF) Inventory Turnover : 0.96 (As of Mar. 2024)

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What is Simplex Infrastructures 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. Simplex Infrastructures's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,797 Mil. Simplex Infrastructures's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,927 Mil. Simplex Infrastructures's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Simplex Infrastructures's Days Inventory for the three months ended in Mar. 2024 was 95.48.

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. Simplex Infrastructures's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

Simplex Infrastructures Inventory Turnover Historical Data

The historical data trend for Simplex Infrastructures'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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Simplex Infrastructures Inventory Turnover Chart

Simplex Infrastructures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.83

3.35

3.55

3.95

3.35

Simplex Infrastructures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.14	0.95	0.70	0.71	0.96

Simplex Infrastructures Inventory Turnover Calculation

Simplex Infrastructures'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 )
=	10261.3	/ (	(3192.8	+	2926.7)	/	2 )
=	10261.3	/	3059.75
=	3.35

Simplex Infrastructures's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2797	/ (	(0	+	2926.7)	/	1 )
=	2797	/	2926.7
=	0.96

Simplex Infrastructures (NSE:SIMPLEXINF) 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.

Simplex Infrastructures's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2926.7	/	2797	*	365 / 4
	=	95.48

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.

Simplex Infrastructures's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2926.7	/	3607.5
	=	0.81

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.

Simplex Infrastructures Inventory Turnover Related Terms

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Simplex Infrastructures (NSE:SIMPLEXINF) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Simplex Infrastructures Ltd (NSE:SIMPLEXINF) » Definitions » Inventory Turnover

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523838:India

Address

27, Shakespeare Sarani, Simplex House, Kolkata, WB, IND, 700017

Website

http://www.simplexinfra.com

Simplex Infrastructures Ltd is an India-based diversified company involved in the construction business. It is engaged in executing projects in several sectors like Transport, Energy and Power, Mining, Buildings, Marine, and Real Estate. The company's business segment includes construction/project activities. Other services comprise oil drilling services, real estate, and hire of plant and equipment. The company generates its revenue from operations in India.

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