Impex Ferro Tech (BOM:532614) Inventory Turnover : 0.09 (As of Dec. 2023)

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What is Impex Ferro Tech 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. Impex Ferro Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹21.84 Mil. Impex Ferro Tech's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹254.07 Mil. Impex Ferro Tech's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Impex Ferro Tech's Days Inventory for the three months ended in Dec. 2023 was 1,061.67.

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. Impex Ferro Tech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 46.47.

Impex Ferro Tech Inventory Turnover Historical Data

The historical data trend for Impex Ferro Tech'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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Impex Ferro Tech Inventory Turnover Chart

Impex Ferro Tech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.90

1.59

1.56

4.19

4.53

Impex Ferro Tech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.20	2.19	0.12	0.17	0.09

Impex Ferro Tech Inventory Turnover Calculation

Impex Ferro Tech's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1881.607	/ (	(533.444	+	296.447)	/	2 )
=	1881.607	/	414.9455
=	4.53

Impex Ferro Tech's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	21.837	/ (	(254.067	+	0)	/	1 )
=	21.837	/	254.067
=	0.09

Impex Ferro Tech (BOM:532614) 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.

Impex Ferro Tech's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	254.067	/	21.837	*	365 / 4
	=	1,061.67

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.

Impex Ferro Tech's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	254.067	/	5.467
	=	46.47

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.

Impex Ferro Tech Inventory Turnover Related Terms

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Impex Ferro Tech (BOM:532614) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Impex Ferro Tech Ltd (BOM:532614) » Definitions » Inventory Turnover

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IMPEXFERRO:India

Address

132A, S. P. Mukherjee Road, SKP House, Kolkatta, WB, IND, 700026

Website

https://www.impexferrotech.com

Impex Ferro Tech Ltd is an Indian firm engaged in the business line of manufacturing Ferro Alloys (ferro manganese / silico manganese) and trading in iron and steel products. Its products include silico manganese, high-carbon ferro manganese, and medium-carbon ferro manganese. The company operates in a single segment called Ferro Alloys.

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