Tata Motors (BUE:TTM) Inventory Turnover : 1.82 (As of Mar. 2024)

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

What is Tata Motors 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. Tata Motors's Cost of Goods Sold for the three months ended in Mar. 2024 was ARS8,825,380 Mil. Tata Motors's Average Total Inventories for the quarter that ended in Mar. 2024 was ARS4,849,549 Mil. Tata Motors's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tata Motors's Days Inventory for the three months ended in Mar. 2024 was 50.14.

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. Tata Motors's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Tata Motors Inventory Turnover Historical Data

The historical data trend for Tata Motors'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.

Tata Motors Inventory Turnover Chart

Tata Motors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

5.53

5.43

0.93

7.75

9.96

Tata Motors Quarterly Data
	Dec13	Mar14	Dec14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.96	1.90	1.45	1.53	1.82

Tata Motors Inventory Turnover Calculation

Tata Motors'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 )
=	29016910.492	/ (	(978676.304	+	4849548.951)	/	2 )
=	29016910.492	/	2914112.6275
=	9.96

Tata Motors'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 )
=	8825379.652	/ (	(0	+	4849548.951)	/	1 )
=	8825379.652	/	4849548.951
=	1.82

Tata Motors (BUE:TTM) 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.

Tata Motors'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
	=	4849548.951	/	8825379.652	*	365 / 4
	=	50.14

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.

Tata Motors'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 )
	=	4849548.951	/	12097753.998
	=	0.40

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.

Tata Motors Inventory Turnover Related Terms

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

Tata Motors (BUE:TTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tata Motors Ltd (BUE:TTM) » Definitions » Inventory Turnover

Traded in Other Exchanges

TATAMTRDVR:India TATAMOTORS:India 570001:India 500570:India

Address

24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001

Website

https://www.tatamotors.com

Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.