GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Patel Integrated Logistics Ltd (NSE:PATINTLOG) » Definitions » Inventory Turnover

Patel Integrated Logistics (NSE:PATINTLOG) Inventory Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Patel Integrated Logistics 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. Patel Integrated Logistics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹816 Mil. Patel Integrated Logistics's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Patel Integrated Logistics's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Patel Integrated Logistics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Patel Integrated Logistics Inventory Turnover Historical Data

The historical data trend for Patel Integrated Logistics'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.

* Premium members only.

Patel Integrated Logistics Inventory Turnover Chart

Patel Integrated Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Patel Integrated Logistics Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Patel Integrated Logistics Inventory Turnover Calculation

Patel Integrated Logistics'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 )
=2769.008 / ((0 + 0) / 1 )
=2769.008 / 0
=N/A

Patel Integrated Logistics'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 )
=816.152 / ((0 + 0) / 1 )
=816.152 / 0
=N/A

* 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.


Patel Integrated Logistics  (NSE:PATINTLOG) 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.

Patel Integrated Logistics'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
=0/816.152*365 / 4
=0.00

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.

Patel Integrated Logistics'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 )
=0 / 857.302
=0.00

* 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.


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.


Patel Integrated Logistics Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Patel Integrated Logistics's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Patel Integrated Logistics (NSE:PATINTLOG) Business Description

Traded in Other Exchanges
Address
52 Hill Road, Natasha Building, 1st Floor, Bandra (West), Mumbai, MH, IND, 400050
Patel Integrated Logistics Ltd is an India based company engaged in the business of Co-Loading of Airfreight and Logistics. The operating segment of the group is Air Cargo Service. It derives revenue from the Freight, Commission, Co-loading and Cargo Income.

Patel Integrated Logistics (NSE:PATINTLOG) Headlines

No Headlines