Adani Wilmar (BOM:543458) Inventory Turnover : 1.59 (As of Mar. 2024)

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What is Adani Wilmar 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. Adani Wilmar's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹114,380 Mil. Adani Wilmar's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹72,038 Mil. Adani Wilmar's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adani Wilmar's Days Inventory for the three months ended in Mar. 2024 was 57.47.

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. Adani Wilmar's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.

Adani Wilmar Inventory Turnover Historical Data

The historical data trend for Adani Wilmar'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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Adani Wilmar Inventory Turnover Chart

Adani Wilmar Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.52

7.62

7.87

6.87

6.08

Adani Wilmar Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial											1.65	1.53	1.48	1.51	1.59

Adani Wilmar Inventory Turnover Calculation

Adani Wilmar'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 )
=	452748.1	/ (	(76812.4	+	72038)	/	2 )
=	452748.1	/	74425.2
=	6.08

Adani Wilmar'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 )
=	114380.1	/ (	(0	+	72038)	/	1 )
=	114380.1	/	72038
=	1.59

Adani Wilmar (BOM:543458) 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.

Adani Wilmar'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
	=	72038	/	114380.1	*	365 / 4
	=	57.47

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.

Adani Wilmar'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 )
	=	72038	/	132380.4
	=	0.54

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.

Adani Wilmar Inventory Turnover Related Terms

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Adani Wilmar (BOM:543458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Adani Wilmar Ltd (BOM:543458) » Definitions » Inventory Turnover

Traded in Other Exchanges

AWL:India

Address

Near Navrangpura Railway Crossing, Fortune House, Ahmedabad, GJ, IND, 380 009

Website

https://www.adaniwilmar.com

Adani Wilmar Ltd is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company's products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. The company sells its entire range of packed products under the following brands: Fortune, King's, Raag, Bullet, Fryola, Jubilee, Aadhaar, and VIVO.

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