McNally Bharat Engineering Co (BOM:532629) Inventory Turnover : 109.01 (As of Dec. 2023)

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What is McNally Bharat Engineering Co 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. McNally Bharat Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹431 Mil. McNally Bharat Engineering Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹4 Mil. McNally Bharat Engineering Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 109.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. McNally Bharat Engineering Co's Days Inventory for the three months ended in Dec. 2023 was 0.84.

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. McNally Bharat Engineering Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

McNally Bharat Engineering Co Inventory Turnover Historical Data

The historical data trend for McNally Bharat Engineering Co'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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McNally Bharat Engineering Co Inventory Turnover Chart

McNally Bharat Engineering Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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5.49

3.39

3.37

4.55

11.51

McNally Bharat Engineering Co 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															1.39	117.25	44.96	110.96	109.01

McNally Bharat Engineering Co Inventory Turnover Calculation

McNally Bharat Engineering Co'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 )
=	3187.913	/ (	(546.582	+	7.468)	/	2 )
=	3187.913	/	277.025
=	11.51

McNally Bharat Engineering Co'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 )
=	430.907	/ (	(3.953	+	0)	/	1 )
=	430.907	/	3.953
=	109.01

McNally Bharat Engineering Co (BOM:532629) 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.

McNally Bharat Engineering Co'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
	=	3.953	/	430.907	*	365 / 4
	=	0.84

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.

McNally Bharat Engineering Co'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 )
	=	3.953	/	399.553
	=	0.01

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.

McNally Bharat Engineering Co Inventory Turnover Related Terms

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McNally Bharat Engineering Co (BOM:532629) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » McNally Bharat Engineering Co Ltd (BOM:532629) » Definitions » Inventory Turnover

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MBECL:India

Address

Ecospace Business Park, Campus 2B, 11-12th Floor, New Town, Rajarhat, North 24 Parganas, Kolkata, WB, IND, 700160

Website

https://www.mcnallybharat.com

McNally Bharat Engineering Co Ltd is an engineering company. The firm is engaged in providing turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, pyro-processing, pneumatic handling of powdered material including fly ash handling and high concentrate disposal, coal washing, cement, water, oil and gas and infrastructure sectors such as buildings and townships, high rises, roads, metro, and rail. It also involves in development of real estate and resorts. The firm has five plants located across India.

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