Century Extrusions (BOM:500083) Inventory Turnover : 1.76 (As of Dec. 2023)

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What is Century Extrusions 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. Century Extrusions's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹720 Mil. Century Extrusions's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹409 Mil. Century Extrusions's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Century Extrusions's Days Inventory for the three months ended in Dec. 2023 was 51.80.

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. Century Extrusions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.

Century Extrusions Inventory Turnover Historical Data

The historical data trend for Century Extrusions'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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Century Extrusions Inventory Turnover Chart

Century Extrusions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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6.32

4.86

4.14

6.74

7.81

Century Extrusions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.04	1.97	2.21	1.81	1.76

Century Extrusions Inventory Turnover Calculation

Century Extrusions'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 )
=	2943.8	/ (	(426.1	+	327.9)	/	2 )
=	2943.8	/	377
=	7.81

Century Extrusions's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	720	/ (	(408.7	+	0)	/	1 )
=	720	/	408.7
=	1.76

Century Extrusions (BOM:500083) 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.

Century Extrusions's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	408.7	/	720	*	365 / 4
	=	51.80

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.

Century Extrusions's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	408.7	/	954.4
	=	0.43

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.

Century Extrusions Inventory Turnover Related Terms

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Century Extrusions (BOM:500083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Century Extrusions Ltd (BOM:500083) » Definitions » Inventory Turnover

Traded in Other Exchanges

CENTEXT:India

Address

113, Park Street, N Block, 2nd Floor, Kolkata, WB, IND, 700016

Website

https://www.centuryextrusions.com

Century Extrusions Ltd is a manufacturer of aluminum extruded products. The company operates through two business segments namely the Manufacturing of Aluminium extruded products, and the Manufacturing of Power transmission and distribution line hardware products. The extruded products of the company are used for various applications, such as profiles for architectural, hardware, road transport - vehicles, railways, electrical and electronic applications, engineering applications, the automotive sector, consumer durables, defense, and irrigation. In addition, the company also supplies extruded and cold-drawn wires in coil form to be used as armor rods, detonator shell stock, lamp pin stock, metalizing wire, rivet stock, and welding filler wire.

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