S Alam Cold Rolled Steels (DHA:SALAMCRST) Inventory Turnover : 0.15 (As of Mar. 2024)

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What is S Alam Cold Rolled Steels 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. S Alam Cold Rolled Steels's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,440 Mil. S Alam Cold Rolled Steels's Average Total Inventories for the quarter that ended in Mar. 2024 was BDT9,387 Mil. S Alam Cold Rolled Steels's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. S Alam Cold Rolled Steels's Days Inventory for the three months ended in Mar. 2024 was 594.85.

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. S Alam Cold Rolled Steels's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 6.14.

S Alam Cold Rolled Steels Inventory Turnover Historical Data

The historical data trend for S Alam Cold Rolled Steels'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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S Alam Cold Rolled Steels Inventory Turnover Chart

S Alam Cold Rolled Steels Annual Data

Trend

Sep13

Sep14

Sep15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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0.82

0.54

0.61

0.55

0.67

S Alam Cold Rolled Steels 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															0.20	0.11	0.11	0.11	0.15

S Alam Cold Rolled Steels Inventory Turnover Calculation

S Alam Cold Rolled Steels's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	4985.044	/ (	(6634.694	+	8214.843)	/	2 )
=	4985.044	/	7424.7685
=	0.67

S Alam Cold Rolled Steels'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 )
=	1440.052	/ (	(8815.081	+	9959.898)	/	2 )
=	1440.052	/	9387.4895
=	0.15

S Alam Cold Rolled Steels (DHA:SALAMCRST) 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.

S Alam Cold Rolled Steels'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
	=	9387.4895	/	1440.052	*	365 / 4
	=	594.85

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.

S Alam Cold Rolled Steels'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 )
	=	9387.4895	/	1529.211
	=	6.14

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.

S Alam Cold Rolled Steels Inventory Turnover Related Terms

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S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » S Alam Cold Rolled Steels Ltd (DHA:SALAMCRST) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119

Website

https://www.s.alamgroupbd.com

S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

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