Zee Learn (BOM:533287) Inventory Turnover : 1.75 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Zee Learn 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. Zee Learn's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹476 Mil. Zee Learn's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹272 Mil. Zee Learn's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zee Learn's Days Inventory for the three months ended in Mar. 2024 was 52.18.

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. Zee Learn's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

Zee Learn Inventory Turnover Historical Data

The historical data trend for Zee Learn'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.

Zee Learn Inventory Turnover Chart

Zee Learn Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

8.92

4.04

7.08

12.96

7.16

Zee Learn 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															2.73	2.24	1.84	1.81	1.75

Zee Learn Inventory Turnover Calculation

Zee Learn'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 )
=	1913.305	/ (	(262.019	+	272.476)	/	2 )
=	1913.305	/	267.2475
=	7.16

Zee Learn'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 )
=	476.485	/ (	(0	+	272.476)	/	1 )
=	476.485	/	272.476
=	1.75

Zee Learn (BOM:533287) 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.

Zee Learn'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
	=	272.476	/	476.485	*	365 / 4
	=	52.18

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.

Zee Learn'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 )
	=	272.476	/	1164.682
	=	0.23

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.

Zee Learn Inventory Turnover Related Terms

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

Zee Learn (BOM:533287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zee Learn Ltd (BOM:533287) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ZEELEARN:India

Address

135, Dr. Annie Besant Road, Continental Building, Worli, Mumbai, MH, IND, 400 018

Website

https://www.zeelearn.com

Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E-Learning Online Education and Testing. It operates through the Educational, Construction and Leasing for education and Training Manpower and related activities. The Educational segment provides learning solutions and delivers training. The Construction and Leasing segment consists of constructing and leasing properties for commercial use. The firm generates maximum revenue from its Educational segment.

Zee Learn (BOM:533287) Headlines

No Headlines