Transteel Seating Technologies (NSE:TRANSTEEL) Inventory Turnover : 1.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Transteel Seating Technologies 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. Transteel Seating Technologies's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹209.5 Mil. Transteel Seating Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹209.0 Mil. Transteel Seating Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Transteel Seating Technologies's Days Inventory for the six months ended in Mar. 2024 was 182.11.

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. Transteel Seating Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.

Transteel Seating Technologies Inventory Turnover Historical Data

The historical data trend for Transteel Seating Technologies'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.

Transteel Seating Technologies Inventory Turnover Chart

Transteel Seating Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

0.91

1.05

1.36

1.61

Transteel Seating Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Inventory Turnover	-	-	-	0.53	1.00

Transteel Seating Technologies Inventory Turnover Calculation

Transteel Seating Technologies'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 )
=	336.038	/ (	(240.394	+	177.759)	/	2 )
=	336.038	/	209.0765
=	1.61

Transteel Seating Technologies'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	209.461	/ (	(240.26	+	177.759)	/	2 )
=	209.461	/	209.0095
=	1.00

Transteel Seating Technologies (NSE:TRANSTEEL) 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.

Transteel Seating Technologies's Days Inventory for the six 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
	=	209.0095	/	209.461	*	365 / 2
	=	182.11

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.

Transteel Seating Technologies'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 )
	=	209.0095	/	427.739
	=	0.49

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.

Transteel Seating Technologies Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Transteel Seating Technologies's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Transteel Seating Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Transteel Seating Technologies Ltd (NSE:TRANSTEEL) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 28, 4th Main, `b, Yeshwanthpur, Bangalore, KA, IND, 560022

Website

https://www.transteel.com

Transteel Seating Technologies Ltd is a furniture providing company in which has developed the skill and expertise in making chairs, office furniture and other residential and commercial furniture. Their products are ready to use and provide space management and are targeted to clients in Education, healthcare, hospitality, banking, insurance and Info Tech companies.

Transteel Seating Technologies Headlines

No Headlines