Jayant Infratech (BOM:543544) Inventory Turnover : 3.25 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Jayant Infratech 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. Jayant Infratech's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹528.0 Mil. Jayant Infratech's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹162.3 Mil. Jayant Infratech's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jayant Infratech's Days Inventory for the six months ended in Mar. 2024 was 56.11.

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. Jayant Infratech's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.

Jayant Infratech Inventory Turnover Historical Data

The historical data trend for Jayant Infratech'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.

Jayant Infratech Inventory Turnover Chart

Jayant Infratech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

7.63

8.75

5.39

3.28

5.06

Jayant Infratech Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	1.87	1.95	1.93	3.25

Jayant Infratech Inventory Turnover Calculation

Jayant Infratech'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 )
=	798.757	/ (	(136.035	+	179.583)	/	2 )
=	798.757	/	157.809
=	5.06

Jayant Infratech'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	527.975	/ (	(145.058	+	179.583)	/	2 )
=	527.975	/	162.3205
=	3.25

Jayant Infratech (BOM:543544) 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.

Jayant Infratech's Days Inventory for the six 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
	=	162.3205	/	527.975	*	365 / 2
	=	56.11

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.

Jayant Infratech'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 )
	=	162.3205	/	577.732
	=	0.28

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.

Jayant Infratech Inventory Turnover Related Terms

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

Jayant Infratech (BOM:543544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayant Infratech Ltd (BOM:543544) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mangal Smriti, Bajpai Ground, Tilak Nagar, Bilaspur, CT, IND, 495001

Website

https://www.jayantinfra.com

Jayant Infratech Ltd is engaged in the field of Railway Infrastructure Development involving the design, drawing supply, erection, and commissioning sector of India. It encompasses the electrification of new & existing Railway tracks. Its services include concept to commissioning of Railway Infrastructure right from design to energization. It has only one reportable Business Segment, which is the Sale of services relating to works contracts.

Jayant Infratech (BOM:543544) Headlines

No Headlines