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AMD Industries (BOM:532828) Inventory Turnover : 0.56 (As of Mar. 2024)


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What is AMD Industries 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. AMD Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹480 Mil. AMD Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹855 Mil. AMD Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AMD Industries's Days Inventory for the three months ended in Mar. 2024 was 162.71.

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. AMD Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.14.


AMD Industries Inventory Turnover Historical Data

The historical data trend for AMD Industries'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.

AMD Industries Inventory Turnover Chart

AMD Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.35 1.99 2.37 1.90

AMD Industries 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 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 0.68 0.68 0.56 0.30 0.56

AMD Industries Inventory Turnover Calculation

AMD Industries'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 )
=1842.098 / ((1088.309 + 855.357) / 2 )
=1842.098 / 971.833
=1.90

AMD Industries'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 )
=479.686 / ((0 + 855.357) / 1 )
=479.686 / 855.357
=0.56

* 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.


AMD Industries  (BOM:532828) 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.

AMD Industries'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
=855.357/479.686*365 / 4
=162.71

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.

AMD Industries'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 )
=855.357 / 749.209
=1.14

* 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.


AMD Industries Inventory Turnover Related Terms

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AMD Industries (BOM:532828) Business Description

Traded in Other Exchanges
Address
18, Pusa Road, 1st Floor, Karol Bagh, New Delhi, IND, 110005
AMD Industries Ltd is engaged in the manufacturing of Pet Preform, Pet Bottles, Crown Caps, Closures, Pet Jar, Containers, glass & Plastic bottles, Carbonated Soft Drinks, Fruit Juices, Milk products, Beer, and job work operation of pet preforms. It also includes catering to the packaging needs of the Beverages and Brewery Industry. The business segment of the company is Packaging. The company derives the majority of its revenue from the Packaging segment. It operates and generates its key revenue in India. The company has also Interested in Real Estates Business.

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