Deepak Fertilisers & Petrochemicals (BOM:500645) Inventory Turnover : 1.03 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Deepak Fertilisers & Petrochemicals 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. Deepak Fertilisers & Petrochemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12,324 Mil. Deepak Fertilisers & Petrochemicals's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹11,924 Mil. Deepak Fertilisers & Petrochemicals's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deepak Fertilisers & Petrochemicals's Days Inventory for the three months ended in Mar. 2024 was 88.29.

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. Deepak Fertilisers & Petrochemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

Deepak Fertilisers & Petrochemicals Inventory Turnover Historical Data

The historical data trend for Deepak Fertilisers & Petrochemicals'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.

Deepak Fertilisers & Petrochemicals Inventory Turnover Chart

Deepak Fertilisers & Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

4.48

5.90

6.11

6.66

4.81

Deepak Fertilisers & Petrochemicals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.56	1.35	1.84	1.27	1.03

Deepak Fertilisers & Petrochemicals Inventory Turnover Calculation

Deepak Fertilisers & Petrochemicals'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 )
=	58981.3	/ (	(12589	+	11924.4)	/	2 )
=	58981.3	/	12256.7
=	4.81

Deepak Fertilisers & Petrochemicals'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 )
=	12323.5	/ (	(0	+	11924.4)	/	1 )
=	12323.5	/	11924.4
=	1.03

Deepak Fertilisers & Petrochemicals (BOM:500645) 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.

Deepak Fertilisers & Petrochemicals'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
	=	11924.4	/	12323.5	*	365 / 4
	=	88.29

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.

Deepak Fertilisers & Petrochemicals'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 )
	=	11924.4	/	20862.8
	=	0.57

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.

Deepak Fertilisers & Petrochemicals Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Deepak Fertilisers & Petrochemicals's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Deepak Fertilisers & Petrochemicals (BOM:500645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Deepak Fertilisers & Petrochemicals Corp Ltd (BOM:500645) » Definitions » Inventory Turnover

Traded in Other Exchanges

DEEPAKFERT:India

Address

Sai Hira, Survey Number 93, Mundhwa, Pune, MH, IND, 411036

Website

https://www.dfpcl.com

Deepak Fertilisers & Petrochemicals Corp Ltd carries on business in fertilizers, agri-services, bulk chemicals, mining chemicals, and value-added real estate. The segments of the company are Chemicals, Fertilizers, Realty, and others. The chemical products generate maximum revenue for the company which includes Ammonia, Methanol, and others. The group caters mainly to the needs of Indian markets.

Deepak Fertilisers & Petrochemicals (BOM:500645) Headlines

No Headlines