Oriental Hotels (BOM:500314) Inventory Turnover : 3.35 (As of Mar. 2024)

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What is Oriental Hotels 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. Oriental Hotels's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹328 Mil. Oriental Hotels's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹98 Mil. Oriental Hotels's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oriental Hotels's Days Inventory for the three months ended in Mar. 2024 was 27.24.

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. Oriental Hotels's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Oriental Hotels Inventory Turnover Historical Data

The historical data trend for Oriental Hotels'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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Oriental Hotels Inventory Turnover Chart

Oriental Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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14.88

9.41

12.19

14.38

13.31

Oriental Hotels 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															3.64	3.35	3.17	3.15	3.35

Oriental Hotels Inventory Turnover Calculation

Oriental Hotels'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 )
=	1266.5	/ (	(92.337	+	97.9)	/	2 )
=	1266.5	/	95.1185
=	13.31

Oriental Hotels'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 )
=	328	/ (	(0	+	97.9)	/	1 )
=	328	/	97.9
=	3.35

Oriental Hotels (BOM:500314) 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.

Oriental Hotels'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
	=	97.9	/	328	*	365 / 4
	=	27.24

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.

Oriental Hotels'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 )
	=	97.9	/	1074.8
	=	0.09

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.

Oriental Hotels Inventory Turnover Related Terms

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Oriental Hotels (BOM:500314) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Oriental Hotels Ltd (BOM:500314) » Definitions » Inventory Turnover

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ORIENTHOT:India

Address

No. 37, Mahatma Gandhi Road, Taj Coromandel, Nugambakkam, Chennai, TN, IND, 600034

Website

http://www.orientalhotels.co.in

Oriental Hotels Ltd operates hotels. Some of its hotels are Taj Malabar Resort and Spa, Taj Fisherman's Cove Resort and Spa, and Taj Coromandel, and others. The company generates its revenue from providing Rooms, Food, Beverage and Banquets services, and Space and shop rentals among others. Geographically, it generates a majority of its revenue from India.

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