Active Clothing Co (BOM:541144) Inventory Turnover : 0.56 (As of Dec. 2023)

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What is Active Clothing Co 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. Active Clothing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹342 Mil. Active Clothing Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹606 Mil. Active Clothing Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Active Clothing Co's Days Inventory for the three months ended in Dec. 2023 was 161.58.

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. Active Clothing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.15.

Active Clothing Co Inventory Turnover Historical Data

The historical data trend for Active Clothing Co'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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Active Clothing Co Inventory Turnover Chart

Active Clothing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.71

1.63

0.77

1.33

2.24

Active Clothing Co Quarterly Data
	Mar16	Mar17	Dec17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.56	0.49	0.45	0.96	0.56

Active Clothing Co Inventory Turnover Calculation

Active Clothing Co'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 )
=	1432.602	/ (	(620.264	+	656.145)	/	2 )
=	1432.602	/	638.2045
=	2.24

Active Clothing Co'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 )
=	342.172	/ (	(605.916	+	0)	/	1 )
=	342.172	/	605.916
=	0.56

Active Clothing Co (BOM:541144) 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.

Active Clothing Co'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
	=	605.916	/	342.172	*	365 / 4
	=	161.58

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.

Active Clothing Co'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 )
	=	605.916	/	529.095
	=	1.15

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.

Active Clothing Co Inventory Turnover Related Terms

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Active Clothing Co (BOM:541144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Active Clothing Co Ltd (BOM:541144) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot no. E-225, Phase VIII B, Industrial Area, Focal Point, Mohali, PB, IND, 160055

Website

https://www.activesourcing.org

Active Clothing Co Ltd is an apparel manufacturer. The company produces garments across three categories which include flat knit sweaters, outwear jackets, circular knit t-shirts, sweatshirts, and joggers for men, women, kids, and baby wear.

Active Clothing Co (BOM:541144) Headlines

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