Panyam Cements & Mineral Industries (BOM:500322) Inventory Turnover : 0.07 (As of Mar. 2024)

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What is Panyam Cements & Mineral Industries 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. Panyam Cements & Mineral Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14 Mil. Panyam Cements & Mineral Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹188 Mil. Panyam Cements & Mineral Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panyam Cements & Mineral Industries's Days Inventory for the three months ended in Mar. 2024 was 1,247.92.

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. Panyam Cements & Mineral Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

Panyam Cements & Mineral Industries Inventory Turnover Historical Data

The historical data trend for Panyam Cements & Mineral Industries'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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Panyam Cements & Mineral Industries Inventory Turnover Chart

Panyam Cements & Mineral Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.01

5.99

0.90

Panyam Cements & Mineral Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.49	0.31	-0.34	0.90	0.07

Panyam Cements & Mineral Industries Inventory Turnover Calculation

Panyam Cements & Mineral Industries'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 )
=	133.925	/ (	(108.017	+	188.043)	/	2 )
=	133.925	/	148.03
=	0.90

Panyam Cements & Mineral Industries'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	13.75	/ (	(0	+	188.043)	/	1 )
=	13.75	/	188.043
=	0.07

Panyam Cements & Mineral Industries (BOM:500322) 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.

Panyam Cements & Mineral Industries's Days Inventory for the three 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
	=	188.043	/	13.75	*	365 / 4
	=	1,247.92

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.

Panyam Cements & Mineral Industries'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 )
	=	188.043	/	393.11
	=	0.48

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.

Panyam Cements & Mineral Industries Inventory Turnover Related Terms

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Panyam Cements & Mineral Industries (BOM:500322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Panyam Cements & Mineral Industries Ltd (BOM:500322) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

H.No. 1-65, 1st Floor, Plot No.539, Guttala Begumpet Village, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.panyamcements.in

Panyam Cements & Mineral Industries Ltd is an India-based manufacturer and supplier of cement products. Its product mix includes ordinary portland cement, portland pozzolana cement and portland slag cement sold under the brand names of PANYAM 53 Grade Cement, 43 Grade Cement, PPC Cement, and PSC Cement. Panyam Cements is used in a large scale for the construction of multi-storied buildings, concrete roads and many housing colonies and townships.

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