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Aatmaj Healthcare (NSE:AATMAJ) Inventory Turnover : 13.17 (As of Mar. 2022)


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What is Aatmaj Healthcare 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. Aatmaj Healthcare's Cost of Goods Sold for the six months ended in Mar. 2022 was ₹40.2 Mil. Aatmaj Healthcare's Average Total Inventories for the quarter that ended in Mar. 2022 was ₹3.1 Mil. Aatmaj Healthcare's Inventory Turnover for the quarter that ended in Mar. 2022 was 13.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aatmaj Healthcare's Days Inventory for the six months ended in Mar. 2022 was 13.86.

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. Aatmaj Healthcare's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.01.


Aatmaj Healthcare Inventory Turnover Historical Data

The historical data trend for Aatmaj Healthcare'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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Aatmaj Healthcare Inventory Turnover Chart

Aatmaj Healthcare Annual Data
Trend Mar20 Mar21 Mar22
Inventory Turnover
5.63 24.23 13.17

Aatmaj Healthcare Semi-Annual Data
Mar20 Mar21 Mar22
Inventory Turnover 5.63 24.23 13.17

Aatmaj Healthcare Inventory Turnover Calculation

Aatmaj Healthcare's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Inventory Turnover (A: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2022 ) / ((Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count )
=40.173 / ((2.05 + 4.05) / 2 )
=40.173 / 3.05
=13.17

Aatmaj Healthcare's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=40.173 / ((2.05 + 4.05) / 2 )
=40.173 / 3.05
=13.17

* 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.


Aatmaj Healthcare  (NSE:AATMAJ) 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.

Aatmaj Healthcare's Days Inventory for the six months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=3.05/40.173*365 / 2
=13.86

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.

Aatmaj Healthcare's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=3.05 / 218.089
=0.01

* 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.


Aatmaj Healthcare Inventory Turnover Related Terms

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Aatmaj Healthcare (NSE:AATMAJ) Business Description

Traded in Other Exchanges
N/A
Address
Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012
Aatmaj Healthcare Ltd is a growing organization that aims at strengthening and establishing itself as the foremost healthcare services provider. The company strives to serve with its ultra-modern medicinal practices and infrastructure for medical as well as surgical care solutions. It aims towards continuous improvement of its healthcare facilities and to achieve the level of care and quality. It has a team of medical practitioners who ensures that patients get quality healthcare services.

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