Yasons Chemex Care (NSE:YCCL) Inventory Turnover: 5.84 (As of Mar. 2023)

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NSE:YCCL Yasons Chemex Care Ltd NSE:YCCL
17 GF Score
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What is Yasons Chemex Care Inventory Turnover?

Yasons Chemex Care NSE:YCCL +2.56% 17 Inventory Turnover is 5.84 as of Mar. 2023. GuruFocus rates NSE:YCCL with a GF Score™ of 17/100.

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. Yasons Chemex Care's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹355.1 Mil. Yasons Chemex Care's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹60.8 Mil. Yasons Chemex Care's Inventory Turnover for the quarter that ended in Mar. 2023 was 5.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yasons Chemex Care's Days Inventory for the six months ended in Mar. 2023 was 31.25.

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. Yasons Chemex Care's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.17.


Yasons Chemex Care  (NSE:YCCL) 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.

Yasons Chemex Care's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=60.818/355.13*365 / 2
=31.25

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.

Yasons Chemex Care's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=60.818 / 367.727
=0.17

* 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.


Yasons Chemex Care Inventory Turnover Related Terms


Yasons Chemex Care Inventory Turnover Historical Data

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The historical data trend for Yasons Chemex Care'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.

Yasons Chemex Care Inventory Turnover Chart

Yasons Chemex Care Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
24.43 12.78 7.33 7.24 5.84

Yasons Chemex Care Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover 24.43 12.78 7.33 7.24 5.84
NSE:YCCL
17GF Score
Yasons Chemex Care Ltd NSE:YCCL
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Yasons Chemex Care Inventory Turnover Calculation

Yasons Chemex Care's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=355.13 / ((41.09 + 80.546) / 2 )
=355.13 / 60.818
=5.84

Yasons Chemex Care's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=355.13 / ((41.09 + 80.546) / 2 )
=355.13 / 60.818
=5.84

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 5.84 mean?
Yasons Chemex Care (NSE:YCCL) has a Inventory Turnover of 5.84 as of Mar. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Yasons Chemex Care and its competitors.
Is Yasons Chemex Care's Inventory Turnover too high?
Yasons Chemex Care's current Inventory Turnover is 5.84. Overall, Yasons Chemex Care has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Yasons Chemex Care's Inventory Turnover compare to LIN and SHW?
Yasons Chemex Care's Inventory Turnover of 5.84 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Chemicals company?
A good Inventory Turnover depends on the Chemicals industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Yasons Chemex Care and its competitors. Yasons Chemex Care's current Inventory Turnover is 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yasons Chemex Care stock overvalued right now?
Yasons Chemex Care (NSE:YCCL) has a current Inventory Turnover of 5.84. The current Inventory Turnover is 5.84. Yasons Chemex Care's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Yasons Chemex Care (NSE:YCCL), the current Inventory Turnover is 5.84 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Yasons Chemex Care Business Description

Address 132ft Ring Road, 4th floor, 412 Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yasons Chemex Care Ltd is engaged in manufacturing dyes & pigment paste, IMCG, and FMCG products. The IMCG products of the company includes Textile dyes, pigments and paints. The Company also manufactures a wide range of pigment paste from various chemicals. Within FMCG it manufactures or packages products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under its brand name PLXO.
17GF Score

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