Bhatia Communications & Retail (India) (BOM:540956) Inventory Turnover : 1.63 (As of Mar. 2024)

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What is Bhatia Communications & Retail (India) 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. Bhatia Communications & Retail (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹843 Mil. Bhatia Communications & Retail (India)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₹518 Mil. Bhatia Communications & Retail (India)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bhatia Communications & Retail (India)'s Days Inventory for the three months ended in Mar. 2024 was 56.04.

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. Bhatia Communications & Retail (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Bhatia Communications & Retail (India) Inventory Turnover Historical Data

The historical data trend for Bhatia Communications & Retail (India)'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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Bhatia Communications & Retail (India) Inventory Turnover Chart

Bhatia Communications & Retail (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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8.54

6.64

6.55

7.31

7.77

Bhatia Communications & Retail (India) Quarterly Data
	Sep18	Mar19	Sep19	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															1.82	2.08	1.74	2.02	1.63

Bhatia Communications & Retail (India) Inventory Turnover Calculation

Bhatia Communications & Retail (India)'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 )
=	3760.514	/ (	(450.146	+	517.761)	/	2 )
=	3760.514	/	483.9535
=	7.77

Bhatia Communications & Retail (India)'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 )
=	843.063	/ (	(0	+	517.761)	/	1 )
=	843.063	/	517.761
=	1.63

Bhatia Communications & Retail (India) (BOM:540956) 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.

Bhatia Communications & Retail (India)'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
	=	517.761	/	843.063	*	365 / 4
	=	56.04

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.

Bhatia Communications & Retail (India)'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 )
	=	517.761	/	939.127
	=	0.55

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.

Bhatia Communications & Retail (India) Inventory Turnover Related Terms

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Bhatia Communications & Retail (India) (BOM:540956) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bhatia Communications & Retail (India) Ltd (BOM:540956) » Definitions » Inventory Turnover

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Address

Ring Road, 132, Dr. Ambedkar Shopping Centre, Surat, GJ, IND, 395002

Website

https://www.bhatiamobile.com

Bhatia Communications & Retail (India) Ltd is the distributor of mobile handsets and accessories. The firm is engaged in the retail and wholesale distribution of mobile handsets, tablets, data cards and mobile accessories through retail and franchised stores. The business segment includes: It is a growth-oriented company selling multi-product brands that also operates under stores and sells electronic appliances such as television, refrigerators, air conditioners, coolers, washing machines, and microwaves. Bhatia Communications markets and sells its product under the brands: Apple iPhone, Samsung, OPPO, VIVO, etc. Substantial revenue accrues from owned retail stores. It also offers technical expertise and guide to customers to buy the right product as per their needs.

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