Alicon Castalloy (BOM:531147) Inventory Turnover : 1.42 (As of Mar. 2024)

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What is Alicon Castalloy 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. Alicon Castalloy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,926 Mil. Alicon Castalloy's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1,359 Mil. Alicon Castalloy's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alicon Castalloy's Days Inventory for the three months ended in Mar. 2024 was 64.39.

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. Alicon Castalloy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Alicon Castalloy Inventory Turnover Historical Data

The historical data trend for Alicon Castalloy'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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Alicon Castalloy Inventory Turnover Chart

Alicon Castalloy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.77

4.83

5.97

5.02

5.24

Alicon Castalloy 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															1.01	1.15	1.40	1.45	1.42

Alicon Castalloy Inventory Turnover Calculation

Alicon Castalloy'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 )
=	7558.563	/ (	(1528.371	+	1359.152)	/	2 )
=	7558.563	/	1443.7615
=	5.24

Alicon Castalloy'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 )
=	1926.15	/ (	(0	+	1359.152)	/	1 )
=	1926.15	/	1359.152
=	1.42

Alicon Castalloy (BOM:531147) 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.

Alicon Castalloy'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
	=	1359.152	/	1926.15	*	365 / 4
	=	64.39

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.

Alicon Castalloy'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 )
	=	1359.152	/	4193.024
	=	0.32

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.

Alicon Castalloy Inventory Turnover Related Terms

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Alicon Castalloy (BOM:531147) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alicon Castalloy Ltd (BOM:531147) » Definitions » Inventory Turnover

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ALICON:India

Address

Gat No. 1426, Village - Shikrapur, Taluka Shirur, Pune, MH, IND, 412 208

Website

https://www.alicongroup.co.in

Alicon Castalloy Ltd is an India-based supplier of light alloy casting solutions. The company, along with its subsidiaries, is engaged in designing, engineering, casting, machining and assembly, painting and surface treatment of aluminum components. It manufactures aluminum alloy die castings mainly used in the automotive segment of the industry. The firm offers auto components, such as cylinder heads, engine and transmission brackets, bridge fork top, intake manifold, swing arm, and other components, and non-auto components, such as agricultural, aerospace and marine, locomotive, infrastructure, energy, defense, and medical and health components. Geographically, it derives a majority of its revenue from India.

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