Kerala Ayurveda (BOM:530163) Inventory Turnover : 0.48 (As of Dec. 2023)

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What is Kerala Ayurveda 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. Kerala Ayurveda's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹60 Mil. Kerala Ayurveda's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹123 Mil. Kerala Ayurveda's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kerala Ayurveda's Days Inventory for the three months ended in Dec. 2023 was 188.49.

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. Kerala Ayurveda's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.

Kerala Ayurveda Inventory Turnover Historical Data

The historical data trend for Kerala Ayurveda'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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Kerala Ayurveda Inventory Turnover Chart

Kerala Ayurveda Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.26

1.29

1.49

1.64

Kerala Ayurveda Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.40	0.48	0.42	0.51	0.48

Kerala Ayurveda Inventory Turnover Calculation

Kerala Ayurveda's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	200.503	/ (	(119.747	+	124.935)	/	2 )
=	200.503	/	122.341
=	1.64

Kerala Ayurveda's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	59.659	/ (	(123.236	+	0)	/	1 )
=	59.659	/	123.236
=	0.48

Kerala Ayurveda (BOM:530163) 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.

Kerala Ayurveda's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	123.236	/	59.659	*	365 / 4
	=	188.49

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.

Kerala Ayurveda's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	123.236	/	263.156
	=	0.47

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.

Kerala Ayurveda Inventory Turnover Related Terms

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Kerala Ayurveda (BOM:530163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kerala Ayurveda Ltd (BOM:530163) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

!" Main Road, Banaswadi, 807-2C HRBR Layout, Bangalore, KA, IND, 560043

Website

https://www.keralaayurveda.biz

Kerala Ayurveda Ltd is engaged in producing and selling ayurvedic products and providing healthcare services. The company offers ayurvedic medicine products for diabetes and heart health, skin and hair care, kids health, women care, men's care, gastro care, respiratory and allergy, general health care, massage oils, renal care, and joint care. It provides services through wellness, resorts, hospitals, clinics, academies and other services. It generates a majority of its revenue from the sale of products. The company mainly operates in India.

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