Nishat Power (KAR:NPL) Inventory Turnover : 1.10 (As of Mar. 2024)

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What is Nishat Power 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. Nishat Power's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨3,439 Mil. Nishat Power's Average Total Inventories for the quarter that ended in Mar. 2024 was ₨3,129 Mil. Nishat Power's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nishat Power's Days Inventory for the three months ended in Mar. 2024 was 83.04.

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. Nishat Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Nishat Power Inventory Turnover Historical Data

The historical data trend for Nishat Power'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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Nishat Power Inventory Turnover Chart

Nishat Power Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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4.21

3.21

7.50

6.22

4.87

Nishat Power 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															0.72	1.58	2.73	0.49	1.10

Nishat Power Inventory Turnover Calculation

Nishat Power'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 )
=	18495.64	/ (	(5064.006	+	2534.378)	/	2 )
=	18495.64	/	3799.192
=	4.87

Nishat Power'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 )
=	3438.735	/ (	(2942.93	+	3315.786)	/	2 )
=	3438.735	/	3129.358
=	1.10

Nishat Power (KAR:NPL) 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.

Nishat Power'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
	=	3129.358	/	3438.735	*	365 / 4
	=	83.04

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.

Nishat Power'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 )
	=	3129.358	/	4868.5
	=	0.64

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.

Nishat Power Inventory Turnover Related Terms

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Nishat Power (KAR:NPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Nishat Power Ltd (KAR:NPL) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1-B, Aziz Avenue, Canal Bank, Gulberg-V, Lahore, PB, PAK

Website

http://www.nishatpower.com

Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan.

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