Bartronics India (BOM:532694) Inventory Turnover : 29.09 (As of Mar. 2024)

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What is Bartronics 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. Bartronics India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹15.0 Mil. Bartronics India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0.5 Mil. Bartronics India's Inventory Turnover for the quarter that ended in Mar. 2024 was 29.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bartronics India's Days Inventory for the three months ended in Mar. 2024 was 3.14.

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. Bartronics India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Bartronics India Inventory Turnover Historical Data

The historical data trend for Bartronics 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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Bartronics India Inventory Turnover Chart

Bartronics India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.96

3.10

3.00

3.08

52.83

Bartronics 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															11.33	8.95	8.34	8.95	29.09

Bartronics India Inventory Turnover Calculation

Bartronics 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 )
=	56.897	/ (	(1.64	+	0.514)	/	2 )
=	56.897	/	1.077
=	52.83

Bartronics 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 )
=	14.952	/ (	(0	+	0.514)	/	1 )
=	14.952	/	0.514
=	29.09

Bartronics India (BOM:532694) 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.

Bartronics 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
	=	0.514	/	14.952	*	365 / 4
	=	3.14

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.

Bartronics 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 )
	=	0.514	/	124.12
	=	0.00

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.

Bartronics India Inventory Turnover Related Terms

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Bartronics India (BOM:532694) Business Description

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ASMS:India

Address

Kavuri Hills, GB Pet, 1st Floor, SV Chambers, Plot No 193, Block-B, Madhapur, Hyderabad, TG, IND, 500 033

Website

https://www.bartronics.com

Bartronics India Ltd is an Information Technology (IT) services and business solution provider. The company provides Automatic Identification and Data Capture (AIDC) Solutions. Its services include application development, application management, enterprise solutions, IT infrastructure management and strategic sourcing. It manufactures smart cards which are delivering technology solutions to enterprises across the world and Radio Frequency Identification (RFID) equipment for tracking goods and assets around the world. Majority of its revenue is generated within India by providing solutions using AIDC technologies.

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