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Tamil Nadu Newsprint & Papers (NSE:TNPL) Inventory Turnover : 0.50 (As of Dec. 2024)


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What is Tamil Nadu Newsprint & Papers 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. Tamil Nadu Newsprint & Papers's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹6,224 Mil. Tamil Nadu Newsprint & Papers's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹12,362 Mil. Tamil Nadu Newsprint & Papers's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tamil Nadu Newsprint & Papers's Days Inventory for the three months ended in Dec. 2024 was 181.24.

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. Tamil Nadu Newsprint & Papers's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.11.


Tamil Nadu Newsprint & Papers Inventory Turnover Historical Data

The historical data trend for Tamil Nadu Newsprint & Papers'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.

Tamil Nadu Newsprint & Papers Inventory Turnover Chart

Tamil Nadu Newsprint & Papers 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 1.84 1.72 3.77 3.04 2.06

Tamil Nadu Newsprint & Papers 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 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 0.52 0.59 0.51 0.29 0.50

Tamil Nadu Newsprint & Papers Inventory Turnover Calculation

Tamil Nadu Newsprint & Papers'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 )
=20403.569 / ((9597.454 + 10216.701) / 2 )
=20403.569 / 9907.0775
=2.06

Tamil Nadu Newsprint & Papers'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 )
=6223.7 / ((12361.6 + 0) / 1 )
=6223.7 / 12361.6
=0.50

* 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.


Tamil Nadu Newsprint & Papers  (NSE:TNPL) 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.

Tamil Nadu Newsprint & Papers'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
=12361.6/6223.7*365 / 4
=181.24

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.

Tamil Nadu Newsprint & Papers'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 )
=12361.6 / 11118.8
=1.11

* 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.


Tamil Nadu Newsprint & Papers Inventory Turnover Related Terms

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Tamil Nadu Newsprint & Papers Business Description

Traded in Other Exchanges
Address
67, Mount Road, Guindy, Chennai, TN, IND, 600 032
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.

Tamil Nadu Newsprint & Papers Headlines

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