Honeywell Automation India (BOM:517174) Inventory Turnover : 3.32 (As of Mar. 2024)

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What is Honeywell Automation India 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. Honeywell Automation India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,283 Mil. Honeywell Automation India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1,591 Mil. Honeywell Automation India's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Honeywell Automation India's Days Inventory for the three months ended in Mar. 2024 was 27.48.

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. Honeywell Automation India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

Honeywell Automation India Inventory Turnover Historical Data

The historical data trend for Honeywell Automation India'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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Honeywell Automation India Inventory Turnover Chart

Honeywell Automation India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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14.54

14.16

15.93

13.93

14.28

Honeywell Automation India 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															2.56	2.95	3.52	3.23	3.32

Honeywell Automation India Inventory Turnover Calculation

Honeywell Automation India'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 )
=	23112	/ (	(1646.5	+	1591)	/	2 )
=	23112	/	1618.75
=	14.28

Honeywell Automation India'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 )
=	5283	/ (	(0	+	1591)	/	1 )
=	5283	/	1591
=	3.32

Honeywell Automation India (BOM:517174) 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.

Honeywell Automation India'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
	=	1591	/	5283	*	365 / 4
	=	27.48

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.

Honeywell Automation India'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 )
	=	1591	/	9507
	=	0.17

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.

Honeywell Automation India Inventory Turnover Related Terms

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Honeywell Automation India (BOM:517174) Business Description

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HONAUT:India

Address

56 and 57, Hadapsar Industrial Estate, Pune, MH, IND, 411 013

Website

https://www.honeywell.com

Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality controls systems, advanced software solutions, industrial Internet of things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems.

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