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Suncare Traders (BOM:539526) Inventory Turnover : 0.08 (As of Mar. 2024)


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What is Suncare Traders 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. Suncare Traders's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.12 Mil. Suncare Traders's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1.50 Mil. Suncare Traders's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suncare Traders's Days Inventory for the three months ended in Mar. 2024 was 1,134.21.

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. Suncare Traders's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 12.13.


Suncare Traders Inventory Turnover Historical Data

The historical data trend for Suncare Traders'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.

Suncare Traders Inventory Turnover Chart

Suncare Traders Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 3.14 3.81 8.52 9.00 0.23

Suncare Traders 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 5.32 - - 0.15 0.08

Suncare Traders Inventory Turnover Calculation

Suncare Traders'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 )
=0.353 / ((1.504 + 1.504) / 2 )
=0.353 / 1.504
=0.23

Suncare Traders'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 )
=0.121 / ((0 + 1.504) / 1 )
=0.121 / 1.504
=0.08

* 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.


Suncare Traders  (BOM:539526) 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.

Suncare Traders'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
=1.504/0.121*365 / 4
=1,134.21

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.

Suncare Traders'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 )
=1.504 / 0.124
=12.13

* 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.


Suncare Traders Inventory Turnover Related Terms

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Suncare Traders (BOM:539526) Business Description

Traded in Other Exchanges
N/A
Address
Sarkhej-Sanand Cross Road, 7, Shree Shakti Estate, Behind Milan Complex, Sarkhej, Ahmedabad, GJ, IND, 382210
Suncare Traders Ltd is engaged in the business of trading in laminates, plywood/MDF, and investment in solar power generation businesses. Its product offering includes SS 102, RM 102 Mont Blanc Grazia, RM 101 Lava Grazia, RR 241 Wood Cotre, SS 241 Wood Cotre, and many more.

Suncare Traders (BOM:539526) Headlines

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