Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Inventory Turnover : 0.18 (As of Mar. 2024)

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What is Khaitan Chemicals & Fertilizers 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. Khaitan Chemicals & Fertilizers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹499 Mil. Khaitan Chemicals & Fertilizers's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,828 Mil. Khaitan Chemicals & Fertilizers's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Khaitan Chemicals & Fertilizers's Days Inventory for the three months ended in Mar. 2024 was 517.46.

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. Khaitan Chemicals & Fertilizers's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.72.

Khaitan Chemicals & Fertilizers Inventory Turnover Historical Data

The historical data trend for Khaitan Chemicals & Fertilizers'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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Khaitan Chemicals & Fertilizers Inventory Turnover Chart

Khaitan Chemicals & Fertilizers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.03

2.83

3.52

2.52

1.52

Khaitan Chemicals & Fertilizers 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															0.46	0.44	0.44	0.32	0.18

Khaitan Chemicals & Fertilizers Inventory Turnover Calculation

Khaitan Chemicals & Fertilizers'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 )
=	4072.305	/ (	(2520.942	+	2828.465)	/	2 )
=	4072.305	/	2674.7035
=	1.52

Khaitan Chemicals & Fertilizers'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 )
=	498.779	/ (	(0	+	2828.465)	/	1 )
=	498.779	/	2828.465
=	0.18

Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) 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.

Khaitan Chemicals & Fertilizers'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
	=	2828.465	/	498.779	*	365 / 4
	=	517.46

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.

Khaitan Chemicals & Fertilizers'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 )
	=	2828.465	/	494.65
	=	5.72

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.

Khaitan Chemicals & Fertilizers Inventory Turnover Related Terms

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Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Khaitan Chemicals & Fertilizers Ltd (NSE:KHAICHEM) » Definitions » Inventory Turnover

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507794:India

Address

Nipania Main Road, The B Zone, 7th Floor, Pipliya Kumar, Indore, MP, IND, 453771

Website

https://www.kcfl.co.in

Khaitan Chemicals & Fertilizers Ltd is a manufacturer of straight inorganic fertilizers. The company is mainly engaged in the manufacturing of Single Super Phosphate, Sulphuric Acid, and Soya Edible Oil. The segments of the group are Fertilizers and Chemicals and Speciality Chemicals, and others. The products of the company are sold under the brand name Khaitan and Utsav. The Fertilizer and Chemical division of the company is the main contributor to the company's turnover.

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