Avenue Supermarts (NSE:DMART) Inventory Turnover : 2.77 (As of Mar. 2024)

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What is Avenue Supermarts 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. Avenue Supermarts's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹108,872 Mil. Avenue Supermarts's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹39,273 Mil. Avenue Supermarts's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avenue Supermarts's Days Inventory for the three months ended in Mar. 2024 was 32.92.

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. Avenue Supermarts's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

Avenue Supermarts Inventory Turnover Historical Data

The historical data trend for Avenue Supermarts'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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Avenue Supermarts Inventory Turnover Chart

Avenue Supermarts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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11.89

9.81

10.59

12.16

12.07

Avenue Supermarts 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															2.81	3.10	2.74	2.93	2.77

Avenue Supermarts Inventory Turnover Calculation

Avenue Supermarts'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 )
=	432745.4	/ (	(32434.8	+	39273.1)	/	2 )
=	432745.4	/	35853.95
=	12.07

Avenue Supermarts'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 )
=	108871.6	/ (	(0	+	39273.1)	/	1 )
=	108871.6	/	39273.1
=	2.77

Avenue Supermarts (NSE:DMART) 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.

Avenue Supermarts'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
	=	39273.1	/	108871.6	*	365 / 4
	=	32.92

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.

Avenue Supermarts'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 )
	=	39273.1	/	127265.5
	=	0.31

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.

Avenue Supermarts Inventory Turnover Related Terms

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Avenue Supermarts (NSE:DMART) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Avenue Supermarts Ltd (NSE:DMART) » Definitions » Inventory Turnover

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540376:India

Address

Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400 604

Website

https://www.dmartindia.com

Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.

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