Dangee Dums (NSE:DANGEE) Inventory Turnover : 1.82 (As of Dec. 2023)

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What is Dangee Dums 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. Dangee Dums's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹35.0 Mil. Dangee Dums's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹19.2 Mil. Dangee Dums's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dangee Dums's Days Inventory for the three months ended in Dec. 2023 was 50.05.

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. Dangee Dums's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Dangee Dums Inventory Turnover Historical Data

The historical data trend for Dangee Dums'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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Dangee Dums Inventory Turnover Chart

Dangee Dums Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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6.29

4.46

3.22

9.75

9.83

Dangee Dums Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.18	2.67	1.49	1.64	1.82

Dangee Dums Inventory Turnover Calculation

Dangee Dums's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	146.313	/ (	(11.26	+	18.502)	/	2 )
=	146.313	/	14.881
=	9.83

Dangee Dums's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	35.004	/ (	(19.201	+	0)	/	1 )
=	35.004	/	19.201
=	1.82

Dangee Dums (NSE:DANGEE) 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.

Dangee Dums's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	19.201	/	35.004	*	365 / 4
	=	50.05

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.

Dangee Dums's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	19.201	/	69.006
	=	0.28

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.

Dangee Dums Inventory Turnover Related Terms

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Dangee Dums (NSE:DANGEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Dangee Dums Ltd (NSE:DANGEE) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Near Sardar Patel Colony, 4/A, Ketan Society, Naranpura, Ahmedabad, GJ, IND, 380 014

Website

https://www.dangeedums.com

Dangee Dums Ltd is an India based company engaged in the production, sales, and distribution of its products including cakes, pastries, and ice cream. It sells its products to retail consumers under the brand name DaNGEE DuMS through its self-operated outlets. The company also sells bakery products like cookies, nachos, and beverages like soda.

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