Transpek Industry (BOM:506687) Inventory Turnover : 1.18 (As of Mar. 2024)

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What is Transpek Industry 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. Transpek Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹760 Mil. Transpek Industry's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹644 Mil. Transpek Industry's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Transpek Industry's Days Inventory for the three months ended in Mar. 2024 was 77.30.

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. Transpek Industry's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Transpek Industry Inventory Turnover Historical Data

The historical data trend for Transpek Industry'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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Transpek Industry Inventory Turnover Chart

Transpek Industry Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.03

3.91

6.26

6.67

4.44

Transpek Industry 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															1.62	1.28	1.16	1.22	1.18

Transpek Industry Inventory Turnover Calculation

Transpek Industry'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 )
=	2874.072	/ (	(652.274	+	643.548)	/	2 )
=	2874.072	/	647.911
=	4.44

Transpek Industry'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 )
=	759.663	/ (	(0	+	643.548)	/	1 )
=	759.663	/	643.548
=	1.18

Transpek Industry (BOM:506687) 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.

Transpek Industry'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
	=	643.548	/	759.663	*	365 / 4
	=	77.30

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.

Transpek Industry'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 )
	=	643.548	/	1482.078
	=	0.43

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.

Transpek Industry Inventory Turnover Related Terms

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Transpek Industry (BOM:506687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Transpek Industry Ltd (BOM:506687) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Gotri Sevasi Road, 4th Floor, Lilleria 1038, Vadodora, GJ, IND, 390 021

Website

https://www.transpek.com

Transpek Industry Ltd is a chemical manufacturing company which engages in the manufacturing and export of a range of Chemicals; Pesticides; Organic compounds like Tri Ethylene Glycol Dichloride, Cetyl Chloride, Pivaloyl Chloride and Terephthaloyl Chloride and Inorganic compounds like Thionyl Chloride, Sulphur Monochloride, Sulphur Trioxide and Chloro Sulphonic Acid. The Company is engaged in the business of manufacturing of Chemicals which is the only operating Segment. These products are used in various industrial applications, such as polymers, plastics, performance materials, agrochemicals, coatings, pharmaceuticals, personal care, and fragrance industries. The group sells its products in India and also exports to other countries, of which key revenue is derived from North America.

Transpek Industry (BOM:506687) Headlines

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