Texmo Pipes & Products (NSE:TEXMOPIPES) Inventory Turnover : 1.19 (As of Dec. 2024)

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What is Texmo Pipes & Products 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. Texmo Pipes & Products's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹810 Mil. Texmo Pipes & Products's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹681 Mil. Texmo Pipes & Products's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Texmo Pipes & Products's Days Inventory for the three months ended in Dec. 2024 was 76.68.

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. Texmo Pipes & Products's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.62.

Texmo Pipes & Products Inventory Turnover Historical Data

The historical data trend for Texmo Pipes & Products'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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Texmo Pipes & Products Inventory Turnover Chart

Texmo Pipes & Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.89

5.41

7.53

7.75

5.99

Texmo Pipes & Products 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															1.21	1.28	1.05	0.68	1.19

Texmo Pipes & Products Inventory Turnover Calculation

Texmo Pipes & Products'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 )
=	4222.378	/ (	(706.536	+	702.565)	/	2 )
=	4222.378	/	704.5505
=	5.99

Texmo Pipes & Products'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 )
=	810.018	/ (	(680.684	+	0)	/	1 )
=	810.018	/	680.684
=	1.19

Texmo Pipes & Products (NSE:TEXMOPIPES) 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.

Texmo Pipes & Products'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
	=	680.684	/	810.018	*	365 / 4
	=	76.68

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.

Texmo Pipes & Products'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 )
	=	680.684	/	1098.406
	=	0.62

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.

Texmo Pipes & Products Inventory Turnover Related Terms

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Texmo Pipes & Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Texmo Pipes & Products Ltd (NSE:TEXMOPIPES) » Definitions » Inventory Turnover

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533164:India

Address

98, Bahadarpur Road, Post Box No. 35, Burhanpur, MP, IND, 450331

Website

https://texmopipe.com

Texmo Pipes & Products Ltd is a pipe and fittings manufacturing company based in India. The company's primary products include plastic products. Its product portfolio comprises SWR pipes and fittings, CPVC pipes, conduit pipes, drip inline, moulded fittings of PVC, plumbing pipes, and fittings, sprinkler fittings, casing pipes for tubewell, and others. PVC pipes serve as the revenue driver amongst the other products of the company. The group caters its products to government, and private sectors within India and abroad.

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