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G.S. Auto International (BOM:513059) Inventory Turnover : 0.67 (As of Dec. 2023)


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What is G.S. Auto 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. G.S. Auto International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹196 Mil. G.S. Auto International's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹290 Mil. G.S. Auto International's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. G.S. Auto International's Days Inventory for the three months ended in Dec. 2023 was 135.32.

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. G.S. Auto International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.74.


G.S. Auto International Inventory Turnover Historical Data

The historical data trend for G.S. Auto 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.

* Premium members only.

G.S. Auto International Inventory Turnover Chart

G.S. Auto International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 1.83 1.47 1.96 2.89

G.S. Auto International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 1.23 0.64 0.60 0.67

G.S. Auto International Inventory Turnover Calculation

G.S. Auto International's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=823.853 / ((280.025 + 290.043) / 2 )
=823.853 / 285.034
=2.89

G.S. Auto International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=195.822 / ((290.401 + 0) / 1 )
=195.822 / 290.401
=0.67

* 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.


G.S. Auto International  (BOM:513059) 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.

G.S. Auto International's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=290.401/195.822*365 / 4
=135.32

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.

G.S. Auto International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=290.401 / 390.072
=0.74

* 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.


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.


G.S. Auto International Inventory Turnover Related Terms

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G.S. Auto International (BOM:513059) Business Description

Traded in Other Exchanges
N/A
Address
G.T. Road, G.S. Estate, Near Dhandari Kalan, Ludhiana, PB, IND, 14101
G.S. Auto International Ltd is a manufacturer of automobile parts. The company is engaged in the production of automotive suspensions and fastening components for Indian & International markets, utility vehicles, commercial vehicles, multi-axle vehicles, trailers, and special-purpose vehicles. It operates in three segments: Original equipment manufacturers, After-sales market, and Export market. The company's product portfolio is categorized into Machined Parts, Forged Parts, Non-Ferrous Cast Components, Ductile Iron Cast Components, Trailer Parts, Clutch Assemblies, and Disc Assemblies & its Components.

G.S. Auto International (BOM:513059) Headlines

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