Kohinoor Textile Mills (KAR:KTML) Inventory Turnover : 0.84 (As of Mar. 2024)

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What is Kohinoor Textile Mills 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. Kohinoor Textile Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨23,413 Mil. Kohinoor Textile Mills's Average Total Inventories for the quarter that ended in Mar. 2024 was ₨27,942 Mil. Kohinoor Textile Mills's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kohinoor Textile Mills's Days Inventory for the three months ended in Mar. 2024 was 108.90.

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. Kohinoor Textile Mills's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.

Kohinoor Textile Mills Inventory Turnover Historical Data

The historical data trend for Kohinoor Textile Mills'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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Kohinoor Textile Mills Inventory Turnover Chart

Kohinoor Textile Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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2.99

3.04

2.97

3.21

3.32

Kohinoor Textile Mills 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															0.79	0.83	0.86	0.80	0.84

Kohinoor Textile Mills Inventory Turnover Calculation

Kohinoor Textile Mills'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 )
=	78319.995	/ (	(22920.881	+	24209.52)	/	2 )
=	78319.995	/	23565.2005
=	3.32

Kohinoor Textile Mills'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 )
=	23412.765	/ (	(28162.51	+	27722.375)	/	2 )
=	23412.765	/	27942.4425
=	0.84

Kohinoor Textile Mills (KAR:KTML) 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.

Kohinoor Textile Mills'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
	=	27942.4425	/	23412.765	*	365 / 4
	=	108.90

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.

Kohinoor Textile Mills'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 )
	=	27942.4425	/	30863.771
	=	0.91

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.

Kohinoor Textile Mills Inventory Turnover Related Terms

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Kohinoor Textile Mills (KAR:KTML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kohinoor Textile Mills Ltd (KAR:KTML) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

42-Lawrence Road, Lahore, PB, PAK, 54000

Website

http://www.kmlg.com

Kohinoor Textile Mills Ltd is a company engaged in the manufacturing of yarn and cloth, processing and stitching the cloth, and trade of textile products. It operates through six divisions which comprise Spinning, Weaving, Processing and Home Textile. It is engaged in the production of yarns from natural and artificial fibers and greige fabrics for the manufacture of printed and dyed fabrics and home textile articles. The company generates maximum revenue from the Spinning segment.

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