Uniparts India (BOM:543689) Inventory Turnover : 0.25 (As of Mar. 2024)

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What is Uniparts India 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. Uniparts India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,046 Mil. Uniparts India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹4,244 Mil. Uniparts India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uniparts India's Days Inventory for the three months ended in Mar. 2024 was 370.35.

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. Uniparts India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.46.

Uniparts India Inventory Turnover Historical Data

The historical data trend for Uniparts India'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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Uniparts India Inventory Turnover Chart

Uniparts India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

1.08

1.17

1.22

1.09

0.96

Uniparts India Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							0.28	0.25	0.26	0.21	0.25

Uniparts India Inventory Turnover Calculation

Uniparts India'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 )
=	4230.55	/ (	(4530.28	+	4244.09)	/	2 )
=	4230.55	/	4387.185
=	0.96

Uniparts India'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 )
=	1045.7	/ (	(0	+	4244.09)	/	1 )
=	1045.7	/	4244.09
=	0.25

Uniparts India (BOM:543689) 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.

Uniparts India'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
	=	4244.09	/	1045.7	*	365 / 4
	=	370.35

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.

Uniparts India'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 )
	=	4244.09	/	2898.78
	=	1.46

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.

Uniparts India Inventory Turnover Related Terms

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Uniparts India (BOM:543689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Uniparts India Ltd (BOM:543689) » Definitions » Inventory Turnover

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UNIPARTS:India

Address

A1 & A2, Phase-II, 1 st Floor, B208, Noida, UP, IND, 201 305

Website

https://www.unipartsgroup.com

Uniparts India Ltd is a manufacturer of engineered systems and solutions. The company is a supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining, and aftermarket sectors with a presence across over 25 countries. The company's product portfolio includes core product verticals of three point linkage systems and precision machined parts as well as adjacent product verticals of power take-off fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles with a presence across the value chain. Geographically the company derives its revenue from USA, Asia Pacific, Europe, India, Japan, Rest of the world, where the majority is being generated from the USA.

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