Techindia Nirman (BOM:526576) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Techindia Nirman 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. Techindia Nirman's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹-0.70 Mil. Techindia Nirman's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹139.41 Mil. Techindia Nirman's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Techindia Nirman Inventory Turnover Historical Data

The historical data trend for Techindia Nirman'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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Techindia Nirman Inventory Turnover Chart

Techindia Nirman Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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-1.00

Techindia Nirman Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-1.00	-0.02	-0.17	-

Techindia Nirman Inventory Turnover Calculation

Techindia Nirman'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 )
=	-112.41	/ (	(0	+	112.41)	/	1 )
=	-112.41	/	112.41
=	-1.00

Techindia Nirman'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 )
=	-0.695	/ (	(139.413	+	0)	/	1 )
=	-0.695	/	139.413
=	-0.00

Techindia Nirman (BOM:526576) 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.

Techindia Nirman'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
	=	139.413	/	-0.695	*	365 / 4
	=

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.

Techindia Nirman'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 )
	=	139.413	/	0
	=

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.

Techindia Nirman Inventory Turnover Related Terms

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Techindia Nirman (BOM:526576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Techindia Nirman Ltd (BOM:526576) » Definitions » Inventory Turnover

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TECHIN:India

Address

Nath Road, Nath House, Post Box No. 318, Chh. Sambhajinagar, Aurangabad, MH, IND, 431005

Website

https://www.techindianirman.com

Techindia Nirman Ltd is an India-based company engaged in infrastructure development and real estate business. The Company would only be dealing in the real estate business and hence would be reported as one segment.

Techindia Nirman (BOM:526576) Headlines

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