GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tunwal E-Motors Ltd (NSE:TUNWAL) » Definitions » Inventory Turnover

Tunwal E-Motors (NSE:TUNWAL) Inventory Turnover : 2.09 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Tunwal E-Motors 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. Tunwal E-Motors's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹815 Mil. Tunwal E-Motors's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹390 Mil. Tunwal E-Motors's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tunwal E-Motors's Days Inventory for the six months ended in Mar. 2024 was 87.30.

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. Tunwal E-Motors's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Tunwal E-Motors Inventory Turnover Historical Data

The historical data trend for Tunwal E-Motors'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.

Tunwal E-Motors Inventory Turnover Chart

Tunwal E-Motors Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory Turnover
15.71 4.59 2.30 2.09

Tunwal E-Motors Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Inventory Turnover 15.71 4.59 2.30 2.09

Tunwal E-Motors Inventory Turnover Calculation

Tunwal E-Motors'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 )
=814.873 / ((261.5 + 518.1) / 2 )
=814.873 / 389.8
=2.09

Tunwal E-Motors'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: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=814.873 / ((261.5 + 518.1) / 2 )
=814.873 / 389.8
=2.09

* 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.

Tunwal E-Motors  (NSE:TUNWAL) 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.

Tunwal E-Motors'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
=389.8/814.873*365 / 2
=87.30

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.

Tunwal E-Motors'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 )
=389.8 / 1046.007
=0.37

* 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.

Tunwal E-Motors Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Tunwal E-Motors's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Tunwal E-Motors Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tunwal E-Motors Ltd (NSE:TUNWAL) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
Rama Icon Commercial Building, Office No 501, 5th Floor, S.No 24/2, C.T.S No. 2164, Plot No. 31/11 Sadashiv Peth, Pune, MH, IND, 411030
Website
https://www.tunwal.com
Tunwal E-Motors Ltd is engaged in the design, development, manufacturing, and distribution of electric two-wheelers. It has 23 models including various variants of two-wheelers. The company's products include Mini Sports 63 - 48V, Mini Lithino, Storm Zx, Lithino Li, ROMA, ALFA PRO, etc.

Tunwal E-Motors Headlines

No Headlines