Westlife Foodworld (BOM:505533) Inventory Turnover : 3.97 (As of Mar. 2024)

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What is Westlife Foodworld 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. Westlife Foodworld's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,511 Mil. Westlife Foodworld's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹632 Mil. Westlife Foodworld's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Westlife Foodworld's Days Inventory for the three months ended in Mar. 2024 was 22.98.

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. Westlife Foodworld's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Westlife Foodworld Inventory Turnover Historical Data

The historical data trend for Westlife Foodworld'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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Westlife Foodworld Inventory Turnover Chart

Westlife Foodworld Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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20.37

13.09

15.66

15.65

15.43

Westlife Foodworld 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															3.48	3.63	3.53	3.45	3.97

Westlife Foodworld Inventory Turnover Calculation

Westlife Foodworld'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 )
=	10392.291	/ (	(714.27	+	632.394)	/	2 )
=	10392.291	/	673.332
=	15.43

Westlife Foodworld'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 )
=	2511.062	/ (	(0	+	632.394)	/	1 )
=	2511.062	/	632.394
=	3.97

Westlife Foodworld (BOM:505533) 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.

Westlife Foodworld'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
	=	632.394	/	2511.062	*	365 / 4
	=	22.98

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.

Westlife Foodworld'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 )
	=	632.394	/	5527.017
	=	0.11

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.

Westlife Foodworld Inventory Turnover Related Terms

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Westlife Foodworld (BOM:505533) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Westlife Foodworld Ltd (BOM:505533) » Definitions » Inventory Turnover

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WESTLIFE:India

Address

Senapati Bapat Marg, 1001, Tower 3, 10th Floor, One International Center, Prabhadevi, Mumbai, MH, IND, 400 013

Website

https://www.westlife.co.in

Westlife Foodworld Ltd owns and operates several hundred McDonald's restaurants in western and southern India through a master franchise agreement with McDonald's Corp. The company's sole business segment is quick-service restaurants, and all of its sales are generated in India. The McDonald's menu is customized to cater to Indian tastes, with options such as the McAloo Tikki burger, Veg Pizza McPuff, and the Maharaja Mac. McDonald's restaurants in India serve no beef or pork and isolate vegetarian and nonvegetarian ingredients at all times.

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