ASYA Infosoft (BOM:511144) Inventory Turnover : 1.82 (As of Dec. 2021)

View and export this data going back to 1995. Start your Free Trial

What is ASYA Infosoft 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. ASYA Infosoft's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹100.6 Mil. ASYA Infosoft's Average Total Inventories for the quarter that ended in Dec. 2021 was ₹55.3 Mil. ASYA Infosoft's Inventory Turnover for the quarter that ended in Dec. 2021 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASYA Infosoft's Days Inventory for the three months ended in Dec. 2021 was 50.16.

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. ASYA Infosoft's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.55.

ASYA Infosoft Inventory Turnover Historical Data

The historical data trend for ASYA Infosoft'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.

ASYA Infosoft Inventory Turnover Chart

ASYA Infosoft Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Inventory Turnover

Get a 7-Day Free Trial

13.89

8.94

5.98

7.23

8.74

ASYA Infosoft Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Mar17	Jun17	Mar18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Inventory Turnover	Get a 7-Day Free Trial															4.62	0.99	2.26	6.28	1.82

ASYA Infosoft Inventory Turnover Calculation

ASYA Infosoft's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Inventory Turnover (A: Mar. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2021 )	/ (	(Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )
=	383.903	/ (	(43.98	+	43.844)	/	2 )
=	383.903	/	43.912
=	8.74

ASYA Infosoft's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	100.608	/ (	(55.3	+	0)	/	1 )
=	100.608	/	55.3
=	1.82

ASYA Infosoft (BOM:511144) 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.

ASYA Infosoft's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	55.3	/	100.608	*	365 / 4
	=	50.16

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.

ASYA Infosoft's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	55.3	/	101.439
	=	0.55

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.

ASYA Infosoft Inventory Turnover Related Terms

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

ASYA Infosoft (BOM:511144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ASYA Infosoft Ltd (BOM:511144) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.sayait.com

ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

ASYA Infosoft (BOM:511144) Headlines

No Headlines