Coffee Day Enterprises (NSE:COFFEEDAY) Inventory Turnover : 4.49 (As of Mar. 2024)

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What is Coffee Day Enterprises 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. Coffee Day Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,483 Mil. Coffee Day Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹330 Mil. Coffee Day Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coffee Day Enterprises's Days Inventory for the three months ended in Mar. 2024 was 20.31.

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. Coffee Day Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.13.

Coffee Day Enterprises Inventory Turnover Historical Data

The historical data trend for Coffee Day Enterprises'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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Coffee Day Enterprises Inventory Turnover Chart

Coffee Day Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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20.51

13.98

18.55

20.34

18.11

Coffee Day Enterprises Quarterly Data
	Jun19	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															4.37	4.41	4.35	4.19	4.49

Coffee Day Enterprises Inventory Turnover Calculation

Coffee Day Enterprises'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 )
=	5778.5	/ (	(308	+	330.2)	/	2 )
=	5778.5	/	319.1
=	18.11

Coffee Day Enterprises'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 )
=	1483.3	/ (	(0	+	330.2)	/	1 )
=	1483.3	/	330.2
=	4.49

Coffee Day Enterprises (NSE:COFFEEDAY) 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.

Coffee Day Enterprises'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
	=	330.2	/	1483.3	*	365 / 4
	=	20.31

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.

Coffee Day Enterprises'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 )
	=	330.2	/	2506.5
	=	0.13

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.

Coffee Day Enterprises Inventory Turnover Related Terms

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Coffee Day Enterprises (NSE:COFFEEDAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Coffee Day Enterprises Ltd (NSE:COFFEEDAY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

539436:India

Address

Vittal Mallya Road, 23/2, Coffee Day Square, Bangalore, KA, IND, 560001

Website

https://www.coffeeday.com

Coffee Day Enterprises Ltd is engaged in a coffee business which includes procuring, processing, and roasting of coffee beans to retailing of coffee products across various formats. The company is also engaged in the logistics business providing services as port handling, road and rail, logistics, container freight stations, and mining to provide integrated logistics solutions. It operates through the following business segments: Coffee and related business, Integrated multimodal logistics, Hospitality Services, and Investment and other corporate operations. The majority of the company's revenue comes from its Coffee related business. The vast majority of its revenue is generated within India.

Coffee Day Enterprises (NSE:COFFEEDAY) Headlines

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