GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AG Universal Ltd (NSE:AGUL) » Definitions » Inventory Turnover

AG Universal (NSE:AGUL) Inventory Turnover : 3.99 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is AG Universal 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. AG Universal's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹375.3 Mil. AG Universal's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹94.1 Mil. AG Universal's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AG Universal's Days Inventory for the six months ended in Sep. 2023 was 45.77.

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. AG Universal's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.23.

AG Universal Inventory Turnover Historical Data

The historical data trend for AG Universal'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.

AG Universal Inventory Turnover Chart

AG Universal Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory Turnover
69.82 71.79 71.86 11.86

AG Universal Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Inventory Turnover Get a 7-Day Free Trial - - 19.72 4.10 3.99

AG Universal Inventory Turnover Calculation

AG Universal's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=572.383 / ((11.344 + 85.156) / 2 )
=572.383 / 48.25
=11.86

AG Universal's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=375.272 / ((85.156 + 103.067) / 2 )
=375.272 / 94.1115
=3.99

* 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.

AG Universal  (NSE:AGUL) 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.

AG Universal's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=94.1115/375.272*365 / 2
=45.77

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.

AG Universal's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=94.1115 / 400.824
=0.23

* 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.

AG Universal Inventory Turnover Related Terms

Thank you for viewing the detailed overview of AG Universal's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

AG Universal (NSE:AGUL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AG Universal Ltd (NSE:AGUL) » Definitions » Inventory Turnover
Comparable Companies
BOM:513043 BOM:540082 BOM:540923 BOM:504988 BOM:539011 BOM:530615 BOM:532870 NSE:PATTECH BOM:531810 BOM:526847 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
F-1, 34/1, Vikas Apartments, East Punjabi Bagh, West Delhi, New Delhi, IND, 110026
Website
https://www.aguniversal.co.in
AG Universal Ltd operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections. The company's product range includes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils. The company's operating segments are Trading Division -Plants / Iron Products / Ultramaxx Batteries / S S Utensils, Manufacturing Division - Aluminium Extruded Profile and Real Estate Division.

AG Universal (NSE:AGUL) Headlines

No Headlines