Mazagon Dock Shipbuilders (BOM:543237) Inventory Turnover : 0.38 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Mazagon Dock Shipbuilders 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. Mazagon Dock Shipbuilders's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹21,617 Mil. Mazagon Dock Shipbuilders's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹57,134 Mil. Mazagon Dock Shipbuilders's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mazagon Dock Shipbuilders's Days Inventory for the three months ended in Mar. 2024 was 241.18.

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. Mazagon Dock Shipbuilders's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.84.

Mazagon Dock Shipbuilders Inventory Turnover Historical Data

The historical data trend for Mazagon Dock Shipbuilders'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.

Mazagon Dock Shipbuilders Inventory Turnover Chart

Mazagon Dock Shipbuilders Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

0.85

0.55

0.60

0.74

1.01

Mazagon Dock Shipbuilders Quarterly Data
	Mar18	Mar19	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															0.21	0.24	0.21	0.24	0.38

Mazagon Dock Shipbuilders Inventory Turnover Calculation

Mazagon Dock Shipbuilders'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 )
=	66099.1	/ (	(73568.6	+	57133.7)	/	2 )
=	66099.1	/	65351.15
=	1.01

Mazagon Dock Shipbuilders'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 )
=	21616.6	/ (	(0	+	57133.7)	/	1 )
=	21616.6	/	57133.7
=	0.38

Mazagon Dock Shipbuilders (BOM:543237) 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.

Mazagon Dock Shipbuilders'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
	=	57133.7	/	21616.6	*	365 / 4
	=	241.18

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.

Mazagon Dock Shipbuilders'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 )
	=	57133.7	/	31036.5
	=	1.84

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.

Mazagon Dock Shipbuilders Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Mazagon Dock Shipbuilders's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Mazagon Dock Shipbuilders (BOM:543237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mazagon Dock Shipbuilders Ltd (BOM:543237) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MAZDOCK:India

Address

Dockyard Road, Mazagon, Mumbai, MH, IND, 400 010

Website

https://www.mazagondock.in

Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The Company is engaged in building and repairing of ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, submarines, and merchant ships with facilities situated in Mumbai and Nhava.

Mazagon Dock Shipbuilders (BOM:543237) Headlines

No Headlines