S & S Power Switchgear (BOM:517273) Inventory Turnover : 1.06 (As of Mar. 2024)

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What is S & S Power Switchgear 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. S & S Power Switchgear's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹281 Mil. S & S Power Switchgear's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹266 Mil. S & S Power Switchgear's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. S & S Power Switchgear's Days Inventory for the three months ended in Mar. 2024 was 86.31.

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. S & S Power Switchgear's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.

S & S Power Switchgear Inventory Turnover Historical Data

The historical data trend for S & S Power Switchgear'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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S & S Power Switchgear Inventory Turnover Chart

S & S Power Switchgear Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.74

4.56

3.90

4.49

4.21

S & S Power Switchgear 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															1.47	1.07	0.89	1.26	1.06

S & S Power Switchgear Inventory Turnover Calculation

S & S Power Switchgear'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 )
=	1044.476	/ (	(230.495	+	266.063)	/	2 )
=	1044.476	/	248.279
=	4.21

S & S Power Switchgear'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 )
=	281.295	/ (	(0	+	266.063)	/	1 )
=	281.295	/	266.063
=	1.06

S & S Power Switchgear (BOM:517273) 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.

S & S Power Switchgear'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
	=	266.063	/	281.295	*	365 / 4
	=	86.31

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.

S & S Power Switchgear'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 )
	=	266.063	/	431.006
	=	0.62

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.

S & S Power Switchgear Inventory Turnover Related Terms

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S & S Power Switchgear (BOM:517273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » S & S Power Switchgear Ltd (BOM:517273) » Definitions » Inventory Turnover

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S&SPOWER:India

Address

Plot No. 14, CMDA Industrial Area-II, Chithamanur Village, Maraimalai Nagar, Kancheepuram District, Kancheepuram, TN, IND, 603209

Website

https://www.sspower.com

S & S Power Switchgear Ltd is engaged in designing, manufacturing and selling new circuit breaker products, and servicing an old installed base of circuit breakers. The group has a business presence in India and the UK, of which key revenue is derived from the UK. The company offers spare parts and services; retrofit solutions, including circuit breaker and disconnector retrofit solutions; medium voltage switchgear panels; and disconnector switches, such as centre breaks, double breaks, and pantograph.

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