Castrol India (BOM:500870) Inventory Turnover : 1.34 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Castrol India 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. Castrol India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹7,144 Mil. Castrol India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹5,329 Mil. Castrol India's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Castrol India's Days Inventory for the three months ended in Mar. 2024 was 68.07.

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

Castrol India Inventory Turnover Historical Data

The historical data trend for Castrol India'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.

Castrol India Inventory Turnover Chart

Castrol India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.09

4.29

5.25

5.27

5.36

Castrol India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.24	1.32	-	1.21	1.34

Castrol India Inventory Turnover Calculation

Castrol India's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	28602.1	/ (	(5344.4	+	5329.2)	/	2 )
=	28602.1	/	5336.8
=	5.36

Castrol India'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 )
=	7143.5	/ (	(5329.2	+	0)	/	1 )
=	7143.5	/	5329.2
=	1.34

Castrol India (BOM:500870) 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.

Castrol India'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
	=	5329.2	/	7143.5	*	365 / 4
	=	68.07

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.

Castrol India'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 )
	=	5329.2	/	13252.4
	=	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.

Castrol India Inventory Turnover Related Terms

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

Castrol India (BOM:500870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Castrol India Ltd (BOM:500870) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CASTROLIND:India

Address

Mahakali Caves Road, Technopolis Knowledge Park, Chakala, Andheri East, Mumbai, MH, IND, 400093

Website

http://www.castrol.co.in

Castrol India Ltd manufactures and sells engine oil, transmission fluids, and other lubricants to the automotive industry. It sells its products under the Castrol brand. The company's reportable business segment consists of a single segment of Lubricants. The majority of all revenue comes from India.

Castrol India (BOM:500870) Headlines

No Headlines