Archidply Industries (BOM:532994) Inventory Turnover : 1.61 (As of Mar. 2024)

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What is Archidply 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. Archidply Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹878 Mil. Archidply Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹546 Mil. Archidply Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Archidply Industries's Days Inventory for the three months ended in Mar. 2024 was 56.71.

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. Archidply Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.

Archidply Industries Inventory Turnover Historical Data

The historical data trend for Archidply 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.

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Archidply Industries Inventory Turnover Chart

Archidply Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.54

3.46

4.54

5.61

5.75

Archidply 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															1.59	1.29	1.20	1.19	1.61

Archidply Industries Inventory Turnover Calculation

Archidply 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 )
=	3024.599	/ (	(507.119	+	545.661)	/	2 )
=	3024.599	/	526.39
=	5.75

Archidply 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 )
=	878.057	/ (	(0	+	545.661)	/	1 )
=	878.057	/	545.661
=	1.61

Archidply Industries (BOM:532994) 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.

Archidply 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
	=	545.661	/	878.057	*	365 / 4
	=	56.71

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.

Archidply 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 )
	=	545.661	/	1213.911
	=	0.45

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.

Archidply Industries Inventory Turnover Related Terms

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Archidply Industries (BOM:532994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Archidply Industries Ltd (BOM:532994) » Definitions » Inventory Turnover

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ARCHIDPLY:India

Address

2/9, 1st Floor, W.H.S. Kirti Nagar, Near Kirti Nagar Police Station, Block A, Kirti Nagar Industrial Area, Kirti Nagar, New Delhi, IND, 110015

Website

https://www.archidply.com

Archidply Industries Ltd is engaged in manufacturing plywood, decorative plywood, and decorative laminates. The firm operates through two segments: Wood-based product and Paper-based product. The company's Wood-based products segment includes Plywood, Block Boar and Flush Doors etc. whereas Paper-based products segment includes Laminated Sheets (HPL). Its product range comprises of plywood, blockboard and flush doors, pre-laminated board, decorative laminates, and decorative veneers. Firm's products range includes MR Grade Plywood, Densified Film Faced Plywood, Fire Retardant Plywood, Shuttering Plywood, BWR Blockboard, BWP Flush Door, and Teak Block Board. Wood-based products segment continues to be the revenue generator for the company.

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