Bajaj Consumer Care (NSE:BAJAJCON) Inventory Turnover : 1.90 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Bajaj Consumer Care 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. Bajaj Consumer Care's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,067 Mil. Bajaj Consumer Care's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹562 Mil. Bajaj Consumer Care's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bajaj Consumer Care's Days Inventory for the three months ended in Mar. 2024 was 48.07.

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. Bajaj Consumer Care's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.24.

Bajaj Consumer Care Inventory Turnover Historical Data

The historical data trend for Bajaj Consumer Care'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.

Bajaj Consumer Care Inventory Turnover Chart

Bajaj Consumer Care Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

4.79

6.67

7.75

8.12

8.23

Bajaj Consumer Care 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															2.20	2.35	1.80	1.88	1.90

Bajaj Consumer Care Inventory Turnover Calculation

Bajaj Consumer Care's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	4424.968	/ (	(512.814	+	562.155)	/	2 )
=	4424.968	/	537.4845
=	8.23

Bajaj Consumer Care'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 )
=	1067.065	/ (	(0	+	562.155)	/	1 )
=	1067.065	/	562.155
=	1.90

Bajaj Consumer Care (NSE:BAJAJCON) 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.

Bajaj Consumer Care'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
	=	562.155	/	1067.065	*	365 / 4
	=	48.07

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.

Bajaj Consumer Care'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 )
	=	562.155	/	2342.307
	=	0.24

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.

Bajaj Consumer Care Inventory Turnover Related Terms

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

Bajaj Consumer Care (NSE:BAJAJCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bajaj Consumer Care Ltd (NSE:BAJAJCON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

533229:India

Address

Old Station Road, Sevashram, Chouraha, Udaipur, RJ, IND, 313 001

Website

https://www.bajajconsumercare.com

Bajaj Consumer Care Ltd is an India-based company that is principally engaged in developing and distributing haircare and skincare products. It provides a number of hair oil products Bajaj Almond Drops Hair Oil, Bajaj Amla Hair Oil, Bajaj Brahmi Amla Hair Oil, Bajaj Kailash Parbat Hair Oil, and Bajaj Jasmine Hair Oil, with Bajaj Almond Drops Hair Oil the flagship product that contributes the majority of the company's total revenue. It also offers skincare products, with products categorized into cream, face wash, soap, scrub, and face pack. It has one segment Cosmetics, Toiletries and Other Personal Care products. It generates most of its revenue from the domestic market, and has a presence in overseas markets as well, mainly in the SAARC, Gulf and Middle-East, ASEAN, and African regions.

Bajaj Consumer Care (NSE:BAJAJCON) Headlines

No Headlines