Arvind SmartSpaces (BOM:539301) Inventory Turnover : 0.03 (As of Mar. 2024)

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What is Arvind SmartSpaces 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. Arvind SmartSpaces's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹416 Mil. Arvind SmartSpaces's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹13,620 Mil. Arvind SmartSpaces's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arvind SmartSpaces's Days Inventory for the three months ended in Mar. 2024 was 2,986.71.

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. Arvind SmartSpaces's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 11.60.

Arvind SmartSpaces Inventory Turnover Historical Data

The historical data trend for Arvind SmartSpaces'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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Arvind SmartSpaces Inventory Turnover Chart

Arvind SmartSpaces Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.22

0.08

0.17

0.15

0.08

Arvind SmartSpaces 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															0.06	0.01	0.01	0.03	0.03

Arvind SmartSpaces Inventory Turnover Calculation

Arvind SmartSpaces'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 )
=	919.448	/ (	(9570.318	+	13619.591)	/	2 )
=	919.448	/	11594.9545
=	0.08

Arvind SmartSpaces'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 )
=	416.106	/ (	(0	+	13619.591)	/	1 )
=	416.106	/	13619.591
=	0.03

Arvind SmartSpaces (BOM:539301) 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.

Arvind SmartSpaces'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
	=	13619.591	/	416.106	*	365 / 4
	=	2,986.71

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.

Arvind SmartSpaces'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 )
	=	13619.591	/	1173.723
	=	11.60

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.

Arvind SmartSpaces Inventory Turnover Related Terms

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Arvind SmartSpaces (BOM:539301) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arvind SmartSpaces Ltd (BOM:539301) » Definitions » Inventory Turnover

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ARVSMART:India

Address

Behind Citibank, Off C.G. Road, 24, Government Servant's Society, Near Municipal Market, Navrangpura, Ahmedabad, GJ, IND, 380 009

Website

https://www.arvindsmartspaces.com

Arvind SmartSpaces Ltd is a real estate development company. The company is engaged in developing residential, commercial, and industrial projects. Geographically, it operates only in India. The company's projects in Ahmedabad include Alcove, Parishkaar, Citadel, Megatrade, Forreste, Uplands, and many more; the projects in Bengaluru, include Expansia, Sporcia, Oasis, Skylands, the Edge, and Belair; the projects in Pune include Elan. It generates revenue from the Sale of Commercial and residential units.

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