Soap and Allied Industries (XMAU:SAIL.I0000) Inventory Turnover : 2.17 (As of Dec. 2022)

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What is Soap and Allied Industries 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. Soap and Allied Industries's Cost of Goods Sold for the six months ended in Dec. 2022 was MUR736.7 Mil. Soap and Allied Industries's Average Total Inventories for the quarter that ended in Dec. 2022 was MUR339.9 Mil. Soap and Allied Industries's Inventory Turnover for the quarter that ended in Dec. 2022 was 2.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Soap and Allied Industries's Days Inventory for the six months ended in Dec. 2022 was 84.20.

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. Soap and Allied Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.39.

Soap and Allied Industries Inventory Turnover Historical Data

The historical data trend for Soap and Allied Industries'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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Soap and Allied Industries Inventory Turnover Chart

Soap and Allied Industries Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

1.73

1.77

2.17

Soap and Allied Industries Semi-Annual Data
	Dec20	Dec21	Dec22
Inventory Turnover	1.73	1.77	2.17

Soap and Allied Industries Inventory Turnover Calculation

Soap and Allied Industries's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	736.685	/ (	(326.859	+	352.929)	/	2 )
=	736.685	/	339.894
=	2.17

Soap and Allied Industries's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	736.685	/ (	(326.859	+	352.929)	/	2 )
=	736.685	/	339.894
=	2.17

Soap and Allied Industries (XMAU:SAIL.I0000) 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.

Soap and Allied Industries's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	339.894	/	736.685	*	365 / 2
	=	84.20

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.

Soap and Allied Industries's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	339.894	/	880.908
	=	0.39

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.

Soap and Allied Industries Inventory Turnover Related Terms

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Soap and Allied Industries (XMAU:SAIL.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Soap and Allied Industries Ltd (XMAU:SAIL.I0000) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Moka Road, Bell Village, PO Box 900, Port Louis, MUS

Website

https://www.soapandallied.com

Soap and Allied Industries Ltd is a Mauritius-based company engaged in the manufacturing and sale of soap, detergent, and other cosmetic products. Its product portfolio includes all-purpose cleaners, beauty soap, bleach, custom-made soap, dishwashing liquid, fabric softener, floor cleaner, hand washing powder, laundry soap, luxury soap, toilet cleaner, and washing machine powder, among others. The company exports its products to Comoros, Kenya, Madagascar, Mayotte, Reunion, Seychelles, South Africa, and Zimbabwe.

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