Samvardhana Motherson International (NSE:MOTHERSON) Inventory Turnover : 1.56 (As of Mar. 2024)

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What is Samvardhana Motherson International 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. Samvardhana Motherson International's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹142,238 Mil. Samvardhana Motherson International's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹91,386 Mil. Samvardhana Motherson International's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Samvardhana Motherson International's Days Inventory for the three months ended in Mar. 2024 was 58.63.

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. Samvardhana Motherson International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Samvardhana Motherson International Inventory Turnover Historical Data

The historical data trend for Samvardhana Motherson International'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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Samvardhana Motherson International Inventory Turnover Chart

Samvardhana Motherson International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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7.18

6.47

6.42

6.35

6.42

Samvardhana Motherson International 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															1.63	1.62	1.52	1.61	1.56

Samvardhana Motherson International Inventory Turnover Calculation

Samvardhana Motherson International'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 )
=	544147	/ (	(78227.7	+	91385.9)	/	2 )
=	544147	/	84806.8
=	6.42

Samvardhana Motherson International'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 )
=	142238.3	/ (	(0	+	91385.9)	/	1 )
=	142238.3	/	91385.9
=	1.56

Samvardhana Motherson International (NSE:MOTHERSON) 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.

Samvardhana Motherson International'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
	=	91385.9	/	142238.3	*	365 / 4
	=	58.63

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.

Samvardhana Motherson International'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 )
	=	91385.9	/	267481.8
	=	0.34

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.

Samvardhana Motherson International Inventory Turnover Related Terms

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Samvardhana Motherson International (NSE:MOTHERSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Samvardhana Motherson International Ltd (NSE:MOTHERSON) » Definitions » Inventory Turnover

Traded in Other Exchanges

517334:India

Address

Noida-Greater Noida Expressway, 11th Floor, Plot No. 1, Sector-127, Noida, UP, IND, 201301

Website

https://www.motherson.com

Samvardhana Motherson International Ltd is a manufacturer of automotive wiring harnesses and plastic components and modules. The products include wiring harnesses, mirrors for passenger cars, injection molded products, modules including dashboards, door trims, bumpers, blow moulded components, liquid silicone rubber molded components, injection molding tools, extruded rubber products, precision machined metal components, and waste recycling systems. The Company has Four reportable segments such as Wiring Harness, Modules and polymer products, Vision systems and Emerging businesses. The Company makes majority of the revenue from Modules and polymer products segment which is engaged in manufacturing and supplies of plastic parts and system modules for vehicle interiors and exteriors.

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