Arvind Fashions (BOM:542484) Inventory Turnover : 0.59 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Arvind Fashions 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. Arvind Fashions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,342 Mil. Arvind Fashions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹9,094 Mil. Arvind Fashions's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arvind Fashions's Days Inventory for the three months ended in Mar. 2024 was 155.36.

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. Arvind Fashions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

Arvind Fashions Inventory Turnover Historical Data

The historical data trend for Arvind Fashions'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.

Arvind Fashions Inventory Turnover Chart

Arvind Fashions Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

1.70

1.14

2.25

2.28

2.15

Arvind Fashions 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															0.50	0.46	0.58	0.48	0.59

Arvind Fashions Inventory Turnover Calculation

Arvind Fashions'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 )
=	20371	/ (	(9819	+	9094.4)	/	2 )
=	20371	/	9456.7
=	2.15

Arvind Fashions'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 )
=	5341.7	/ (	(0	+	9094.4)	/	1 )
=	5341.7	/	9094.4
=	0.59

Arvind Fashions (BOM:542484) 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.

Arvind Fashions'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
	=	9094.4	/	5341.7	*	365 / 4
	=	155.36

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.

Arvind Fashions'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 )
	=	9094.4	/	10938.5
	=	0.83

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.

Arvind Fashions Inventory Turnover Related Terms

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

Arvind Fashions (BOM:542484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arvind Fashions Ltd (BOM:542484) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ARVINDFASN:India

Address

17, M.G Road, Du Parc Trinity, 8th Floor, Bangalore, KA, IND, 560 001

Website

https://www.arvind.com

Arvind Fashions Ltd is a branded apparel & Accessories company. The company's brands include US Polo, Tommy Hilfiger, Nautica, GAP, Calvin Klein, and others. Geographically, it derives a majority of its revenue from India. Its business activity falls within a single operating business segment of Branded Apparels.

Arvind Fashions (BOM:542484) Headlines

No Headlines