Banka BioLoo (NSE:BANKA) Inventory Turnover : 0.87 (As of Mar. 2024)

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What is Banka BioLoo 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. Banka BioLoo's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹72.1 Mil. Banka BioLoo's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹82.6 Mil. Banka BioLoo's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Banka BioLoo's Days Inventory for the three months ended in Mar. 2024 was 104.64.

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. Banka BioLoo's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

Banka BioLoo Inventory Turnover Historical Data

The historical data trend for Banka BioLoo'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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Banka BioLoo Inventory Turnover Chart

Banka BioLoo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.85

0.65

0.82

0.65

1.91

Banka BioLoo Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-0.06	0.40	0.23	0.39	0.87

Banka BioLoo Inventory Turnover Calculation

Banka BioLoo'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 )
=	162.391	/ (	(87.21	+	82.646)	/	2 )
=	162.391	/	84.928
=	1.91

Banka BioLoo'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	72.067	/ (	(0	+	82.646)	/	1 )
=	72.067	/	82.646
=	0.87

Banka BioLoo (NSE:BANKA) 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.

Banka BioLoo's Days Inventory for the three 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
	=	82.646	/	72.067	*	365 / 4
	=	104.64

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.

Banka BioLoo'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 )
	=	82.646	/	163.131
	=	0.51

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.

Banka BioLoo Inventory Turnover Related Terms

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Banka BioLoo (NSE:BANKA) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Banka BioLoo Ltd (NSE:BANKA) » Definitions » Inventory Turnover

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Address

5th floor, Prestige Phoenix, 1405, Uma Nagar, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.bankabio.com

Banka BioLoo Ltd provides sanitation infrastructures and human waste management solutions and services. It manufactures and installs bio-toilets and bio-tanks for human waste treatment as a complete solution. The company provides its services to various markets such as Schools, Villages, Resorts, Indian railways, Small communities, Industrial factories, Construction sites, and others.

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