Bonlon Industries (BOM:543211) Inventory Turnover : 2.94 (As of Dec. 2023)

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What is Bonlon 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. Bonlon Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹888 Mil. Bonlon Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹302 Mil. Bonlon Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bonlon Industries's Days Inventory for the three months ended in Dec. 2023 was 30.98.

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. Bonlon Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Bonlon Industries Inventory Turnover Historical Data

The historical data trend for Bonlon 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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Bonlon Industries Inventory Turnover Chart

Bonlon Industries Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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29.71

117.76

23.90

34.87

37.01

Bonlon Industries Quarterly Data
	Mar17	Mar18	Mar19	Sep19	Dec19	Mar20	Sep20	Mar21	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial													27.08	12.68	6.63	4.22	2.94

Bonlon Industries Inventory Turnover Calculation

Bonlon Industries'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 )
=	5027.816	/ (	(141.948	+	129.721)	/	2 )
=	5027.816	/	135.8345
=	37.01

Bonlon Industries'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 )
=	888.216	/ (	(301.603	+	0)	/	1 )
=	888.216	/	301.603
=	2.94

Bonlon Industries (BOM:543211) 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.

Bonlon Industries'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
	=	301.603	/	888.216	*	365 / 4
	=	30.98

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.

Bonlon Industries'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 )
	=	301.603	/	926.284
	=	0.33

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.

Bonlon Industries Inventory Turnover Related Terms

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Bonlon Industries (BOM:543211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bonlon Industries Ltd (BOM:543211) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

7A/39 (12- First Floor), WEA Channa Market, Karol Bagh, New Delhi, IND, 110005

Website

https://www.bonlonindustries.com

Bonlon Industries Ltd is engaged in the manufacturing, trading, and marketing of products made from copper. The company operates in three segments: Metal, which is the key revenue driver; Hotel; and Civil Construction. The Metal segment provides products such as rods, wires, ingots made up of metals like copper, aluminum, lead, and zinc. The company also exports its metal products.

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