Lloyds Enterprises (BOM:512463) Inventory Turnover : 1.38 (As of Mar. 2024)

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What is Lloyds Enterprises 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. Lloyds Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,025 Mil. Lloyds Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,192 Mil. Lloyds Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lloyds Enterprises's Days Inventory for the three months ended in Mar. 2024 was 66.11.

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. Lloyds Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Lloyds Enterprises Inventory Turnover Historical Data

The historical data trend for Lloyds Enterprises'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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Lloyds Enterprises Inventory Turnover Chart

Lloyds Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.31

3.63

4.87

Lloyds Enterprises 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															1.78	1.08	0.61	1.45	1.38

Lloyds Enterprises Inventory Turnover Calculation

Lloyds Enterprises'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 )
=	8301.001	/ (	(1220.501	+	2191.798)	/	2 )
=	8301.001	/	1706.1495
=	4.87

Lloyds Enterprises'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 )
=	3025.426	/ (	(0	+	2191.798)	/	1 )
=	3025.426	/	2191.798
=	1.38

Lloyds Enterprises (BOM:512463) 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.

Lloyds Enterprises'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
	=	2191.798	/	3025.426	*	365 / 4
	=	66.11

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.

Lloyds Enterprises'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 )
	=	2191.798	/	3337.025
	=	0.66

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.

Lloyds Enterprises Inventory Turnover Related Terms

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Lloyds Enterprises (BOM:512463) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lloyds Enterprises Ltd (BOM:512463) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.sgtl.in

Lloyds Enterprises Ltd Formerly Shree Global Tradefin Ltd is engaged in the trading of iron and steel. The Business of the Company includes carrying on the business of importers, exporters, and dealers in iron and steel, alloy steel scrap, steel tubes, pipes, and wires. Geographically, the company operates only in India.

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