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Speciality Restaurants (BOM:534425) Inventory Turnover : 6.93 (As of Mar. 2024)


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What is Speciality Restaurants 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. Speciality Restaurants's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹533 Mil. Speciality Restaurants's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹77 Mil. Speciality Restaurants's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Speciality Restaurants's Days Inventory for the three months ended in Mar. 2024 was 13.18.

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. Speciality Restaurants's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.


Speciality Restaurants Inventory Turnover Historical Data

The historical data trend for Speciality Restaurants'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.

* Premium members only.

Speciality Restaurants Inventory Turnover Chart

Speciality Restaurants Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.94 11.50 22.06 30.99 29.36

Speciality Restaurants 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.79 7.16 6.31 7.21 6.93

Speciality Restaurants Inventory Turnover Calculation

Speciality Restaurants'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 )
=2132.3 / ((68.36 + 76.9) / 2 )
=2132.3 / 72.63
=29.36

Speciality Restaurants'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 )
=532.6 / ((0 + 76.9) / 1 )
=532.6 / 76.9
=6.93

* 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.


Speciality Restaurants  (BOM:534425) 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.

Speciality Restaurants'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
=76.9/532.6*365 / 4
=13.18

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.

Speciality Restaurants'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 )
=76.9 / 961.9
=0.08

* 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.


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.


Speciality Restaurants Inventory Turnover Related Terms

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Speciality Restaurants (BOM:534425) Business Description

Traded in Other Exchanges
Address
Off. New Link Road, 4th Floor, Veera Industrial Estate, B-25, Morya Landmark 1, Andheri (West), Mumbai, MH, IND, 400053
Speciality Restaurants Ltd is engaged in restaurants and mobile food service business. The principal business of the company is operating food outlets and sweet shops. The company operates within India. Its brands include Mainland China, Asia Kitchen by Mainland China, Oh! Calcutta, Hay, Cafe Mezzuna, Sweet Bengal, Hoppipola, Sigree, Machaan, Haka, Flame and Grill etc. The group predominantly operates in India.

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