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JSW Energy (NSE:JSWENERGY) Inventory Turnover : 1.44 (As of Mar. 2024)


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What is JSW Energy 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. JSW Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹11,992 Mil. JSW Energy's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹8,307 Mil. JSW Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JSW Energy's Days Inventory for the three months ended in Mar. 2024 was 63.21.

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. JSW Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.


JSW Energy Inventory Turnover Historical Data

The historical data trend for JSW Energy'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.

JSW Energy Inventory Turnover Chart

JSW Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.71 6.85 6.01 6.29 5.18

JSW Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.64 1.64 1.30 1.67 1.44

JSW Energy Inventory Turnover Calculation

JSW Energy'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 )
=47070.2 / ((9870.8 + 8306.7) / 2 )
=47070.2 / 9088.75
=5.18

JSW Energy'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 )
=11992.1 / ((0 + 8306.7) / 1 )
=11992.1 / 8306.7
=1.44

* 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.


JSW Energy  (NSE:JSWENERGY) 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.

JSW Energy'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
=8306.7/11992.1*365 / 4
=63.21

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.

JSW Energy'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 )
=8306.7 / 27558.7
=0.30

* 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.


JSW Energy Inventory Turnover Related Terms

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JSW Energy (NSE:JSWENERGY) Business Description

Traded in Other Exchanges
Address
JSW Centre, Near MMRDA Grounds, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Energy Ltd is an Indian electric utility company and member of the Jindal Group business conglomerate. JSW Energy segments are Power Generation, Power Transmission, Mining, Power Trading, and Equipment Manufacturing. The vast majority of the company's revenue comes from the sale of power and power conversion charges. Geographically, it generates a majority of its revenue from India.

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