KMC Speciality Hospitals (India) (BOM:524520) Inventory Turnover : 3.10 (As of Mar. 2024)

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What is KMC Speciality Hospitals (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. KMC Speciality Hospitals (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹64 Mil. KMC Speciality Hospitals (India)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₹20 Mil. KMC Speciality Hospitals (India)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 3.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KMC Speciality Hospitals (India)'s Days Inventory for the three months ended in Mar. 2024 was 29.42.

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. KMC Speciality Hospitals (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

KMC Speciality Hospitals (India) Inventory Turnover Historical Data

The historical data trend for KMC Speciality Hospitals (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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KMC Speciality Hospitals (India) Inventory Turnover Chart

KMC Speciality Hospitals (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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8.73

8.21

11.34

11.08

11.30

KMC Speciality Hospitals (India) 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															2.63	2.60	2.76	2.83	3.10

KMC Speciality Hospitals (India) Inventory Turnover Calculation

KMC Speciality Hospitals (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 )
=	244.243	/ (	(22.739	+	20.485)	/	2 )
=	244.243	/	21.612
=	11.30

KMC Speciality Hospitals (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 )
=	63.534	/ (	(0	+	20.485)	/	1 )
=	63.534	/	20.485
=	3.10

KMC Speciality Hospitals (India) (BOM:524520) 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.

KMC Speciality Hospitals (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
	=	20.485	/	63.534	*	365 / 4
	=	29.42

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.

KMC Speciality Hospitals (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 )
	=	20.485	/	448.914
	=	0.05

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.

KMC Speciality Hospitals (India) Inventory Turnover Related Terms

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KMC Speciality Hospitals (India) (BOM:524520) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » KMC Speciality Hospitals (India) Ltd (BOM:524520) » Definitions » Inventory Turnover

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Address

6, Royal Road, Cantonment, Trichy, TN, IND, 620 001

Website

https://www.kauveryhospital.com

KMC Speciality Hospitals (India) Ltd is a healthcare services and pharmacy company. It is engaged in the business of rendering medical and healthcare services. The company offers varieties of departments and care centers such as cardiac science, neurology and neuroscience, orthopedics, spine surgery, gastroenterology, liver diseases, and transplantation and vascular surgery. The company's sole operating segment is Medical and Healthcare Services. The company has its operations solely in India.

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