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Chemtech Industrial Valves (BOM:537326) Inventory Turnover : 1.25 (As of Mar. 2024)


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What is Chemtech Industrial Valves 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. Chemtech Industrial Valves's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹59.5 Mil. Chemtech Industrial Valves's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹47.7 Mil. Chemtech Industrial Valves's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chemtech Industrial Valves's Days Inventory for the three months ended in Mar. 2024 was 73.17.

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. Chemtech Industrial Valves's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.46.


Chemtech Industrial Valves Inventory Turnover Historical Data

The historical data trend for Chemtech Industrial Valves'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.

* Premium members only.

Chemtech Industrial Valves Inventory Turnover Chart

Chemtech Industrial Valves Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 2.51 2.22 3.68 4.63

Chemtech Industrial Valves 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 0.64 0.28 1.24 1.25

Chemtech Industrial Valves Inventory Turnover Calculation

Chemtech Industrial Valves'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 )
=172.657 / ((25.271 + 49.345) / 2 )
=172.657 / 37.308
=4.63

Chemtech Industrial Valves'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 )
=59.477 / ((46.042 + 49.345) / 2 )
=59.477 / 47.6935
=1.25

* 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.


Chemtech Industrial Valves  (BOM:537326) 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.

Chemtech Industrial Valves'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
=47.6935/59.477*365 / 4
=73.17

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.

Chemtech Industrial Valves'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 )
=47.6935 / 104.037
=0.46

* 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.


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.


Chemtech Industrial Valves Inventory Turnover Related Terms

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Chemtech Industrial Valves (BOM:537326) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 16, Near Kisan Nagar-2, 503, 5th Floor Sunrise Business Park, Plot No. B-68, Wagle Industrial Estate, Thane (West), Mumbai, MH, IND, 400604
Chemtech Industrial Valves Ltd is an India-based company engaged in the business of manufacturing industrial valves of various types and sizes. It operates two segments comprising the Manufacturing of industrial Valves and the Trading of various items for Project Sales. The products offered by the company include ball, gate, globe, check, forged, and butterfly valves among others.

Chemtech Industrial Valves (BOM:537326) Headlines

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