Dorian LPG Ltd (LPG)
Inventory turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 200,652 | 195,475 | 161,704 | 161,227 | 168,228 |
| Inventory | US$ in thousands | — | 2,393 | 2,266 | 2,007 | 1,996 |
| Inventory turnover | — | 81.69 | 71.36 | 80.33 | 84.28 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $200,652K ÷ $—K
= —
The inventory turnover ratio of Dorian LPG Ltd provides insight into how efficiently the company manages its inventory. From March 31, 2021, to March 31, 2024, Dorian LPG's inventory turnover ratio ranged from 80.33 to 84.28, indicating that the company effectively converted its inventory into sales during these years. However, there was a slight decrease in the inventory turnover ratio to 71.36 on March 31, 2023. Despite this dip, the ratio improved to 81.69 on March 31, 2024, reflecting a recovery in inventory management efficiency. Unfortunately, there is no data available for March 31, 2025. Overall, Dorian LPG Ltd has maintained a relatively strong inventory turnover performance over the analyzed period, with fluctuations likely influenced by industry factors or company-specific strategies.