CreditAccess Grameen (BOM:541770) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is CreditAccess Grameen 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. CreditAccess Grameen's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,770 Mil. CreditAccess Grameen's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CreditAccess Grameen's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

CreditAccess Grameen Inventory Turnover Historical Data

The historical data trend for CreditAccess Grameen'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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CreditAccess Grameen Inventory Turnover Chart

CreditAccess Grameen Annual Data

Trend

Mar15

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Mar17

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Mar19

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Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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CreditAccess Grameen 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															-	-	-	-	-

CreditAccess Grameen Inventory Turnover Calculation

CreditAccess Grameen'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 )
=	24057.7	/ (	(0	+	0)	/	1 )
=	24057.7	/	0
=	N/A

CreditAccess Grameen'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 )
=	6769.5	/ (	(0	+	0)	/	1 )
=	6769.5	/	0
=	N/A

CreditAccess Grameen (BOM:541770) 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.

CreditAccess Grameen'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	/	6769.5	*	365 / 4
	=	0.00

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.

CreditAccess Grameen'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	/	13923.1
	=	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.

CreditAccess Grameen Inventory Turnover Related Terms

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CreditAccess Grameen (BOM:541770) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CreditAccess Grameen Ltd (BOM:541770) » Definitions » Inventory Turnover

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CREDITACC:India

Address

New No. 49 (Old No. 725), 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalayana Mantap, Bengaluru, KA, IND, 560070

Website

https://www.creditaccessgrameen.in

CreditAccess Grameen Ltd provides financial and non-financial products and services. The company is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. The only operating segment of the company is lending to members. Geographically, it operates only in India. The company's financial product includes income generation loans, home improvement loans, emergency loans, family welfare loans, Gruha Vikas loans, Grameen Swarna loans, Grameen Vikas loans, life insurance, and others.

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