Texmaco Rail & Engineering (NSE:TEXRAIL) Inventory Turnover : 1.01 (As of Dec. 2024)

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What is Texmaco Rail & Engineering 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. Texmaco Rail & Engineering's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹10,783 Mil. Texmaco Rail & Engineering's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹10,676 Mil. Texmaco Rail & Engineering's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Texmaco Rail & Engineering's Days Inventory for the three months ended in Dec. 2024 was 90.34.

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. Texmaco Rail & Engineering's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.81.

Texmaco Rail & Engineering Inventory Turnover Historical Data

The historical data trend for Texmaco Rail & Engineering'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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Texmaco Rail & Engineering Inventory Turnover Chart

Texmaco Rail & Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.68

3.00

3.50

3.38

4.03

Texmaco Rail & Engineering 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															1.03	1.26	1.02	1.04	1.01

Texmaco Rail & Engineering Inventory Turnover Calculation

Texmaco Rail & Engineering'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 )
=	28205.188	/ (	(6762.721	+	7236.465)	/	2 )
=	28205.188	/	6999.593
=	4.03

Texmaco Rail & Engineering'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 )
=	10783.154	/ (	(10676.041	+	0)	/	1 )
=	10783.154	/	10676.041
=	1.01

Texmaco Rail & Engineering (NSE:TEXRAIL) 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.

Texmaco Rail & Engineering'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
	=	10676.041	/	10783.154	*	365 / 4
	=	90.34

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.

Texmaco Rail & Engineering'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 )
	=	10676.041	/	13261.375
	=	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.

Texmaco Rail & Engineering Inventory Turnover Related Terms

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Texmaco Rail & Engineering Business Description

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533326:India

Address

Belgharia, 24 Paragnas (North), Kolkata, WB, IND, 700 056

Website

https://www.texmaco.in

Texmaco Rail & Engineering Ltd is engaged in the manufacturing, selling, and providing services for Rail and Rail related products. It manufactures and supplies different types of rail wagons, and various components such as brake levers, snow plows, loco components, draw bars, bogie frames, etc. The company also provides services related to railway infrastructure and operates a steel foundry that produces various steel castings and products for the railway industry. Its business segments are; Heavy Engineering Division; Steel Foundry Division; and Rail EPC. The maximum revenue is derived from its Freight Car Division which manufactures and supplies railway freight cars, loco components, loco shells, and steel castings. Geographically, the company derives revenue predominantly from India.

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