BCL Industries (BOM:524332) Inventory Turnover : 1.18 (As of Mar. 2024)

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What is BCL 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. BCL Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,540 Mil. BCL Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹3,848 Mil. BCL Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BCL Industries's Days Inventory for the three months ended in Mar. 2024 was 77.35.

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. BCL Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

BCL Industries Inventory Turnover Historical Data

The historical data trend for BCL 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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BCL Industries Inventory Turnover Chart

BCL Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.46

4.30

7.61

5.46

4.51

BCL Industries 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															1.00	0.99	1.16	1.58	1.18

BCL Industries Inventory Turnover Calculation

BCL 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 )
=	15901.736	/ (	(3205.062	+	3848.448)	/	2 )
=	15901.736	/	3526.755
=	4.51

BCL 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 )
=	4540.116	/ (	(0	+	3848.448)	/	1 )
=	4540.116	/	3848.448
=	1.18

BCL Industries (BOM:524332) 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.

BCL 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
	=	3848.448	/	4540.116	*	365 / 4
	=	77.35

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.

BCL 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 )
	=	3848.448	/	5976.256
	=	0.64

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.

BCL Industries Inventory Turnover Related Terms

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BCL Industries (BOM:524332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BCL Industries Ltd (BOM:524332) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BCLIND:India

Address

Hazi Rattan Link Road, Post Box No. 71, Bathinda, PB, IND, 151001

Website

https://www.bcl.ind.in

BCL Industries Ltd engages in the edible oil business. It operates through the following segments: Oil and Vanaspati, Distillery Unit, and Real Estate. The Oil and Vanaspati segment which act as a Key revenue contributor includes oil, solvent extraction unit, Vanaspati Ghee, and refined vegetable oil and rice. The Distillery Unit segment owns oil mills, solvent extraction plants, rice sheller, chemical refinery, physical refinery, and vanaspati plant. The Real Estate segment constructs townships, group housings, malls, multiplexes, and hotels.

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