Jyothy Labs (BOM:532926) Inventory Turnover : 1.18 (As of Mar. 2024)

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What is Jyothy Labs 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. Jyothy Labs's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,333 Mil. Jyothy Labs's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,835 Mil. Jyothy Labs's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jyothy Labs's Days Inventory for the three months ended in Mar. 2024 was 77.61.

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. Jyothy Labs's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Jyothy Labs Inventory Turnover Historical Data

The historical data trend for Jyothy Labs'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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Jyothy Labs Inventory Turnover Chart

Jyothy Labs Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.25

4.05

4.49

4.79

4.80

Jyothy Labs 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															1.11	1.19	1.30	1.19	1.18

Jyothy Labs Inventory Turnover Calculation

Jyothy Labs'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 )
=	14038.4	/ (	(3018.626	+	2835)	/	2 )
=	14038.4	/	2926.813
=	4.80

Jyothy Labs'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 )
=	3333.2	/ (	(0	+	2835)	/	1 )
=	3333.2	/	2835
=	1.18

Jyothy Labs (BOM:532926) 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.

Jyothy Labs'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
	=	2835	/	3333.2	*	365 / 4
	=	77.61

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.

Jyothy Labs'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 )
	=	2835	/	6599.9
	=	0.43

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.

Jyothy Labs Inventory Turnover Related Terms

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Jyothy Labs (BOM:532926) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jyothy Labs Ltd (BOM:532926) » Definitions » Inventory Turnover

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JYOTHYLAB:India

Address

Ram Krishna Mandir Road, Ujala House, Kondivita, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.jyothylaboratories.com

Jyothy Labs Ltd is an India-based company that is principally engaged in manufacturing and distributing fast-moving consumer goods, which are categorized into fabric care, dishwashing, household insecticide, and personal care. The company's products consist of fabric wash goods, dishwashing bars, beauty soap, household insecticide, incense sticks and scrubber, and other body care products, which jointly account for most of the company's total revenue. The company owns a number of brands, such as Jjala, Henko, Mr. White, Chek, Exo, Pril, Maxo, and Margo, and also offers laundry service. It focuses its business in the Indian market.

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