Melstacorp (COL:MELS.N0000) Inventory Turnover : 1.89 (As of Dec. 2023)

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What is Melstacorp 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. Melstacorp's Cost of Goods Sold for the three months ended in Dec. 2023 was රු24,218 Mil. Melstacorp's Average Total Inventories for the quarter that ended in Dec. 2023 was රු12,826 Mil. Melstacorp's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Melstacorp's Days Inventory for the three months ended in Dec. 2023 was 48.33.

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. Melstacorp's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

Melstacorp Inventory Turnover Historical Data

The historical data trend for Melstacorp'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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Melstacorp Inventory Turnover Chart

Melstacorp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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7.09

6.62

5.50

6.78

7.69

Melstacorp 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															1.42	1.62	1.42	1.60	1.89

Melstacorp Inventory Turnover Calculation

Melstacorp'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 )
=	95501.445	/ (	(9713.576	+	15140.162)	/	2 )
=	95501.445	/	12426.869
=	7.69

Melstacorp'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 )
=	24217.84	/ (	(12737.68	+	12913.49)	/	2 )
=	24217.84	/	12825.585
=	1.89

Melstacorp (COL:MELS.N0000) 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.

Melstacorp'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
	=	12825.585	/	24217.84	*	365 / 4
	=	48.33

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.

Melstacorp'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 )
	=	12825.585	/	44533.629
	=	0.29

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.

Melstacorp Inventory Turnover Related Terms

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Melstacorp (COL:MELS.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Melstacorp plc (COL:MELS.N0000) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.110, Norris Canal Road, Colombo, LKA, 10

Website

https://www.melstacorp.com

Melstacorp plc is a Sri Lankan company that engages in the distillation, manufacture, and distribution of liquor products. It operates through business segments: Beverages, Plantations, Telecommunication, Financial Services, and Diversified. The Beverages segments cover distillation, manufacture, and distribution of liquor products; the Plantations segment involves in cultivation and processing of tea and rubber; the Telecommunication segment engages in providing voice, data, broadband, software, and networking solutions; the Financial Services segment offers a variety of financial solutions; and the Diversified segment includes power generation, logistics, and other activities. Melstacorp owns a range of wines and spirits such as Albert Bichot French wines, Chilean wines, and others.

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