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Steelman Telecom (BOM:543622) Inventory Turnover : 33.65 (As of Mar. 2024)


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What is Steelman Telecom 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. Steelman Telecom's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹768 Mil. Steelman Telecom's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹23 Mil. Steelman Telecom's Inventory Turnover for the quarter that ended in Mar. 2024 was 33.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Steelman Telecom's Days Inventory for the six months ended in Mar. 2024 was 5.42.

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. Steelman Telecom's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Steelman Telecom Inventory Turnover Historical Data

The historical data trend for Steelman Telecom'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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Steelman Telecom Inventory Turnover Chart

Steelman Telecom Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
24.23 47.41 128.82 25.87 45.89

Steelman Telecom Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Inventory Turnover Get a 7-Day Free Trial - 105.71 8.07 14.33 33.65

Steelman Telecom Inventory Turnover Calculation

Steelman Telecom'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 )
=1428.748 / ((54.44 + 7.833) / 2 )
=1428.748 / 31.1365
=45.89

Steelman Telecom'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=768.004 / ((37.81 + 7.833) / 2 )
=768.004 / 22.8215
=33.65

* 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.

Steelman Telecom  (BOM:543622) 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.

Steelman Telecom's Days Inventory for the six 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
=22.8215/768.004*365 / 2
=5.42

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.

Steelman Telecom'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 )
=22.8215 / 1161.174
=0.02

* 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.

Steelman Telecom Inventory Turnover Related Terms

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Steelman Telecom Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Steelman Telecom Ltd (BOM:543622) » Definitions » Inventory Turnover
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BOM:500160 BOM:511658 NSE:KDL BOM:511116 NSE:UNIINFO NSE:ACCORD BOM:538674 BOM:532712 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9433 HKSE:00728 CHTR TSE:9984
Traded in Other Exchanges
N/A
Address
Street No. 315, New Town, Rishi Tower, Premises No. 02-315, Kolkata, WB, IND, 700156
Website
http://www.steelmantelecom.com
Steelman Telecom Ltd offer support services and solutions to address the network requirements of the telecom industry. The company provide services for network survey and planning, installation and commissioning, network testing and optimization, network solutions and managed services for network maintenance.

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