Krishival Foods (NSE:KRISHIVAL) Inventory Turnover : 1.10 (As of Sep. 2023)

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What is Krishival Foods 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. Krishival Foods's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹386.2 Mil. Krishival Foods's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹350.0 Mil. Krishival Foods's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Krishival Foods's Days Inventory for the six months ended in Sep. 2023 was 165.42.

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. Krishival Foods's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.68.

Krishival Foods Inventory Turnover Historical Data

The historical data trend for Krishival Foods'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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Krishival Foods Inventory Turnover Chart

Krishival Foods Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

5.95

3.81

2.25

3.67

2.69

Krishival Foods Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			1.59	2.03	0.67	1.10	1.10

Krishival Foods Inventory Turnover Calculation

Krishival Foods'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 )
=	490.59	/ (	(111.526	+	253.068)	/	2 )
=	490.59	/	182.297
=	2.69

Krishival Foods's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	386.159	/ (	(253.068	+	446.989)	/	2 )
=	386.159	/	350.0285
=	1.10

Krishival Foods (NSE:KRISHIVAL) 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.

Krishival Foods's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	350.0285	/	386.159	*	365 / 2
	=	165.42

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.

Krishival Foods's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	350.0285	/	515.709
	=	0.68

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.

Krishival Foods Inventory Turnover Related Terms

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Krishival Foods (NSE:KRISHIVAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Krishival Foods Ltd (NSE:KRISHIVAL) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Saki Vihar Road, 1309, Lodha Supremus Powai, Opposite MTNL Office, Mumbai, MH, IND, 400072

Website

https://www.krishival.com

Krishival Foods Ltd is engaged in processing raw cashew nuts into finished cashew kernels in different flavors. It primarily caters to the domestic market with a network of more than thirty distributors across India. In addition to processing raw cashews, we are also engaged in the business of organic manure which is prepared by using by-products like husk and other biodegradable material left after the processing of the raw cashews.

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