United Van Der Horst (BOM:522091) Inventory Turnover : 0.29 (As of Dec. 2023)

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What is United Van Der Horst 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. United Van Der Horst's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹15.8 Mil. United Van Der Horst's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹54.2 Mil. United Van Der Horst's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Van Der Horst's Days Inventory for the three months ended in Dec. 2023 was 313.17.

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. United Van Der Horst's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.90.

United Van Der Horst Inventory Turnover Historical Data

The historical data trend for United Van Der Horst'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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United Van Der Horst Inventory Turnover Chart

United Van Der Horst Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.00

1.13

1.16

1.33

1.10

United Van Der Horst Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.18	0.32	0.26	0.43	0.29

United Van Der Horst Inventory Turnover Calculation

United Van Der Horst'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 )
=	46.818	/ (	(34.374	+	51.119)	/	2 )
=	46.818	/	42.7465
=	1.10

United Van Der Horst'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 )
=	15.78	/ (	(54.157	+	0)	/	1 )
=	15.78	/	54.157
=	0.29

United Van Der Horst (BOM:522091) 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.

United Van Der Horst'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
	=	54.157	/	15.78	*	365 / 4
	=	313.17

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.

United Van Der Horst'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 )
	=	54.157	/	60.026
	=	0.90

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.

United Van Der Horst Inventory Turnover Related Terms

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United Van Der Horst (BOM:522091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » United Van Der Horst Ltd (BOM:522091) » Definitions » Inventory Turnover

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Address

E-29/30 MIDC Industrial Area, Taloja, Raigad District, Navi Mumbai, MH, IND, 410208

Website

http://www.uvdhl.com

United Van Der Horst Ltd is a company engaged in providing reconditioning, re-standardizing, reverse engineering, and manufacturing services to the sectors such as marine, oil field, power plants, petrochemicals, and mining. The business segments of the group are Manufacturing and reconditioning; and Others, of which maximum revenue is derived from the Job work and reconditioning segment, which relates to job work of hydraulic cylinders. The group's process includes grinding, honing, chrome plating, boring, vertical turret lathe, and groove grinding. It offers products like hydraulic cylinders, pneumatic cylinders, hydraulic seals, pneumatic seals, telescopic cylinders, a coil buggy cylinder, rock breaker cylinder, jacking cylinder, and others.

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