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Ibrahim Fibres (KAR:IBFL) Inventory Turnover : 0.99 (As of Mar. 2024)


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What is Ibrahim Fibres 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. Ibrahim Fibres's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨31,571 Mil. Ibrahim Fibres's Average Total Inventories for the quarter that ended in Mar. 2024 was ₨31,741 Mil. Ibrahim Fibres's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ibrahim Fibres's Days Inventory for the three months ended in Mar. 2024 was 91.74.

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. Ibrahim Fibres's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.94.


Ibrahim Fibres Inventory Turnover Historical Data

The historical data trend for Ibrahim Fibres'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.

* Premium members only.

Ibrahim Fibres Inventory Turnover Chart

Ibrahim Fibres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 3.12 4.20 4.51 3.39

Ibrahim Fibres 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.89 0.81 0.79 0.99

Ibrahim Fibres Inventory Turnover Calculation

Ibrahim Fibres's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=110794.024 / ((31878.951 + 33491.988) / 2 )
=110794.024 / 32685.4695
=3.39

Ibrahim Fibres'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 )
=31571.327 / ((33491.988 + 29990.274) / 2 )
=31571.327 / 31741.131
=0.99

* 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.


Ibrahim Fibres  (KAR:IBFL) 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.

Ibrahim Fibres'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
=31741.131/31571.327*365 / 4
=91.74

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.

Ibrahim Fibres'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 )
=31741.131 / 33772.238
=0.94

* 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.


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.


Ibrahim Fibres Inventory Turnover Related Terms

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Ibrahim Fibres (KAR:IBFL) Business Description

Traded in Other Exchanges
N/A
Address
15 - Club Road, Ibrahim Centre, Faisalabad, PB, PAK, 38000
Ibrahim Fibres Ltd is engaged in Textile manufacturing. Its activities include Polyester Yarn production, Polyester Staple Fibre Production, Financial Services, and Energy. Its Polyester Plants produce a wide range of Polyester Staple Fibre (PSF) in different varieties, lusters, cut lengths, and fineness.

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