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Flair Writing Industries (BOM:544030) Inventory Turnover : 2.21 (As of Mar. 2024)


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What is Flair Writing Industries 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. Flair Writing Industries's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹4,857 Mil. Flair Writing Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,201 Mil. Flair Writing Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flair Writing Industries's Days Inventory for the six months ended in Mar. 2024 was 82.71.

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. Flair Writing Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.


Flair Writing Industries Inventory Turnover Historical Data

The historical data trend for Flair Writing Industries'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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Flair Writing Industries Inventory Turnover Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial 5.60 1.72 2.24 2.56 2.21

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Inventory Turnover Get a 7-Day Free Trial 5.60 1.72 2.24 2.56 2.21

Flair Writing Industries Inventory Turnover Calculation

Flair Writing Industries'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 )
=4856.95 / ((2137.61 + 2264.6) / 2 )
=4856.95 / 2201.105
=2.21

Flair Writing Industries'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: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=4856.95 / ((2137.61 + 2264.6) / 2 )
=4856.95 / 2201.105
=2.21

* 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.


Flair Writing Industries  (BOM:544030) 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.

Flair Writing Industries'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
=2201.105/4856.95*365 / 2
=82.71

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.

Flair Writing Industries'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 )
=2201.105 / 9787.25
=0.22

* 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.


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.


Flair Writing Industries Inventory Turnover Related Terms

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Flair Writing Industries (BOM:544030) Business Description

Comparable Companies
Traded in Other Exchanges
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (BOM:544030) Headlines

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