Sai Silks (Kalamandir) (BOM:543989) Inventory Turnover : 0.61 (As of Mar. 2024)

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What is Sai Silks (Kalamandir) 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. Sai Silks (Kalamandir)'s Cost of Goods Sold for the six months ended in Mar. 2024 was ₹4,419 Mil. Sai Silks (Kalamandir)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₹7,215 Mil. Sai Silks (Kalamandir)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sai Silks (Kalamandir)'s Days Inventory for the six months ended in Mar. 2024 was 297.95.

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. Sai Silks (Kalamandir)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.97.

Sai Silks (Kalamandir) Inventory Turnover Historical Data

The historical data trend for Sai Silks (Kalamandir)'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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Sai Silks (Kalamandir) Inventory Turnover Chart

Sai Silks (Kalamandir) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

1.54

0.81

1.22

1.23

1.15

Sai Silks (Kalamandir) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	0.61	0.61	0.53	0.61

Sai Silks (Kalamandir) Inventory Turnover Calculation

Sai Silks (Kalamandir)'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 )
=	8146.7	/ (	(6897.49	+	7232.2)	/	2 )
=	8146.7	/	7064.845
=	1.15

Sai Silks (Kalamandir)'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 )
=	4419.18	/ (	(7197.3	+	7232.2)	/	2 )
=	4419.18	/	7214.75
=	0.61

Sai Silks (Kalamandir) (BOM:543989) 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.

Sai Silks (Kalamandir)'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
	=	7214.75	/	4419.18	*	365 / 2
	=	297.95

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.

Sai Silks (Kalamandir)'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 )
	=	7214.75	/	7420.86
	=	0.97

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.

Sai Silks (Kalamandir) Inventory Turnover Related Terms

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Sai Silks (Kalamandir) (BOM:543989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sai Silks (Kalamandir) Ltd (BOM:543989) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

KALAMANDIR:India

Address

6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016

Website

https://www.sskl.co.in

Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

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