Prabhat Technologies (India) (BOM:540027) Inventory Turnover : 0.10 (As of Mar. 2024)

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What is Prabhat Technologies (India) 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. Prabhat Technologies (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.31 Mil. Prabhat Technologies (India)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₹13.74 Mil. Prabhat Technologies (India)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prabhat Technologies (India)'s Days Inventory for the three months ended in Mar. 2024 was 958.33.

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. Prabhat Technologies (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.63.

Prabhat Technologies (India) Inventory Turnover Historical Data

The historical data trend for Prabhat Technologies (India)'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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Prabhat Technologies (India) Inventory Turnover Chart

Prabhat Technologies (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.47

1.38

1.93

0.86

2.65

Prabhat Technologies (India) 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															0.27	0.49	1.96	0.20	0.10

Prabhat Technologies (India) Inventory Turnover Calculation

Prabhat Technologies (India)'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 )
=	40.586	/ (	(16.924	+	13.737)	/	2 )
=	40.586	/	15.3305
=	2.65

Prabhat Technologies (India)'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 )
=	1.308	/ (	(0	+	13.737)	/	1 )
=	1.308	/	13.737
=	0.10

Prabhat Technologies (India) (BOM:540027) 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.

Prabhat Technologies (India)'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
	=	13.737	/	1.308	*	365 / 4
	=	958.33

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.

Prabhat Technologies (India)'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 )
	=	13.737	/	8.433
	=	1.63

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.

Prabhat Technologies (India) Inventory Turnover Related Terms

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Prabhat Technologies (India) (BOM:540027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prabhat Technologies (India) Ltd (BOM:540027) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Western Express Highway, Unit No. 402, Western Edge I, Kanakia Spaces, Borivali (East), Mumbai, MH, IND, 400066

Website

http://www.prabhatgroup.net

Prabhat Technologies (India) Ltd is engaged into design, assemble, and customize import and distribution of mobile handsets, wireless dongles / data?cards, data products and mobile / telecom accessories. The company is engaged in EMS, designing, development and distribution of mobile phones & accessories and solar Equipment's. The company sell mobiles and internet data cards and smart phones / tablets, fixed wireless terminal and high?end telecom devices under brand name Xccess & V3 Mobiles. It operates in a single segment, namely Technology & related technique equipment.

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