Kiran Vyapar (BOM:537750) Inventory Turnover : 17.06 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Kiran Vyapar 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. Kiran Vyapar's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹71.8 Mil. Kiran Vyapar's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹4.2 Mil. Kiran Vyapar's Inventory Turnover for the quarter that ended in Mar. 2024 was 17.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kiran Vyapar's Days Inventory for the three months ended in Mar. 2024 was 5.35.

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. Kiran Vyapar's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Kiran Vyapar Inventory Turnover Historical Data

The historical data trend for Kiran Vyapar'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.

Kiran Vyapar Inventory Turnover Chart

Kiran Vyapar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

2.04

4.90

56.63

49.08

49.79

Kiran Vyapar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															9.86	20.36	3.51	10.54	17.06

Kiran Vyapar Inventory Turnover Calculation

Kiran Vyapar'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 )
=	202.104	/ (	(3.909	+	4.21)	/	2 )
=	202.104	/	4.0595
=	49.79

Kiran Vyapar'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 )
=	71.827	/ (	(0	+	4.21)	/	1 )
=	71.827	/	4.21
=	17.06

Kiran Vyapar (BOM:537750) 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.

Kiran Vyapar'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
	=	4.21	/	71.827	*	365 / 4
	=	5.35

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.

Kiran Vyapar'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 )
	=	4.21	/	256.93
	=	0.02

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.

Kiran Vyapar Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Kiran Vyapar's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kiran Vyapar (BOM:537750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kiran Vyapar Ltd (BOM:537750) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

ATHIVA, Plot No. C2, Sector - III, HUDA Techno Enclave, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.lnbgroup.com

Kiran Vyapar Ltd is a non-banking financial company mainly engaged in the business of providing Loans and making an investment in shares and securities. It carries the business of investments, trading and dealing in shares and securities, mutual funds, financing, and carrying on business in accordance with the regulatory framework. The company's operating segment include Investments and Trading. It generates maximum revenue from the Investments segment which involves buying and selling various kinds of securities and providing loans. The group operates in India.

Kiran Vyapar (BOM:537750) Headlines

No Headlines