PNC Infratech (NSE:PNCINFRA) Inventory Turnover : 2.06 (As of Mar. 2024)

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What is PNC Infratech 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. PNC Infratech's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹15,733 Mil. PNC Infratech's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹7,650 Mil. PNC Infratech's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PNC Infratech's Days Inventory for the three months ended in Mar. 2024 was 44.37.

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. PNC Infratech's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

PNC Infratech Inventory Turnover Historical Data

The historical data trend for PNC Infratech'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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PNC Infratech Inventory Turnover Chart

PNC Infratech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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10.48

11.74

11.00

8.09

7.32

PNC Infratech 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															1.71	1.84	1.44	1.55	2.06

PNC Infratech Inventory Turnover Calculation

PNC Infratech'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 )
=	55992.606	/ (	(7643.927	+	7650.125)	/	2 )
=	55992.606	/	7647.026
=	7.32

PNC Infratech'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 )
=	15733.049	/ (	(0	+	7650.125)	/	1 )
=	15733.049	/	7650.125
=	2.06

PNC Infratech (NSE:PNCINFRA) 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.

PNC Infratech'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
	=	7650.125	/	15733.049	*	365 / 4
	=	44.37

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.

PNC Infratech'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 )
	=	7650.125	/	26001.499
	=	0.29

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.

PNC Infratech Inventory Turnover Related Terms

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PNC Infratech (NSE:PNCINFRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PNC Infratech Ltd (NSE:PNCINFRA) » Definitions » Inventory Turnover

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539150:India

Address

Bypass Road, NH-2, PNC Tower, 3/22-D, Civil Lines, Agra, UP, IND, 282002

Website

https://www.pncinfratech.com

PNC Infratech Ltd is an infrastructure construction, development, and management company. It constructs highways, bridges, flyovers, power transmission lines, and airport runways. The company's segments include Engineering, Procurement, and Construction (EPC) Contract and BOT (Toll and Annuity). It also offers end-to-end infrastructure implementation solutions that include EPC services. The company's operations are executed across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka, and Tamil Nadu. The group derives key revenue from the EPC contract segment.

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