Naturo Indiabull (BOM:543579) Inventory Turnover : 3.56 (As of Sep. 2023)

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What is Naturo Indiabull 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. Naturo Indiabull's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹274.5 Mil. Naturo Indiabull's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹77.2 Mil. Naturo Indiabull's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naturo Indiabull's Days Inventory for the six months ended in Sep. 2023 was 51.30.

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. Naturo Indiabull's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.27.

Naturo Indiabull Inventory Turnover Historical Data

The historical data trend for Naturo Indiabull'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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Naturo Indiabull Inventory Turnover Chart

Naturo Indiabull Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

3.73

5.37

3.92

2.87

Naturo Indiabull Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			-	-	1.36	1.73	3.56

Naturo Indiabull Inventory Turnover Calculation

Naturo Indiabull'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 )
=	138.1	/ (	(34.05	+	62.023)	/	2 )
=	138.1	/	48.0365
=	2.87

Naturo Indiabull's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	274.501	/ (	(62.023	+	92.309)	/	2 )
=	274.501	/	77.166
=	3.56

Naturo Indiabull (BOM:543579) 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.

Naturo Indiabull's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	77.166	/	274.501	*	365 / 2
	=	51.30

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.

Naturo Indiabull's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	77.166	/	287.306
	=	0.27

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.

Naturo Indiabull Inventory Turnover Related Terms

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Naturo Indiabull (BOM:543579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naturo Indiabull Ltd (BOM:543579) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Feet Bye-Pass, 1st Floor, 51, Lohiya Colony, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.naturoindiabull.com

Naturo Indiabull Ltd is in the business of the fast-moving consumer goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents. It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits.

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