Rajnish Wellness (BOM:541601) Inventory Turnover : 2.60 (As of Mar. 2024)

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What is Rajnish Wellness 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. Rajnish Wellness's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹240.8 Mil. Rajnish Wellness's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹92.7 Mil. Rajnish Wellness's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rajnish Wellness's Days Inventory for the three months ended in Mar. 2024 was 35.12.

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. Rajnish Wellness's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.

Rajnish Wellness Inventory Turnover Historical Data

The historical data trend for Rajnish Wellness'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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Rajnish Wellness Inventory Turnover Chart

Rajnish Wellness Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.98

14.14

15.01

7.91

10.91

Rajnish Wellness Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.51	2.14	2.46	2.85	2.60

Rajnish Wellness Inventory Turnover Calculation

Rajnish Wellness'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 )
=	710.173	/ (	(37.472	+	92.676)	/	2 )
=	710.173	/	65.074
=	10.91

Rajnish Wellness'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 )
=	240.819	/ (	(0	+	92.676)	/	1 )
=	240.819	/	92.676
=	2.60

Rajnish Wellness (BOM:541601) 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.

Rajnish Wellness'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
	=	92.676	/	240.819	*	365 / 4
	=	35.12

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.

Rajnish Wellness'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 )
	=	92.676	/	280.45
	=	0.33

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.

Rajnish Wellness Inventory Turnover Related Terms

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Rajnish Wellness (BOM:541601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajnish Wellness Ltd (BOM:541601) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Govt. Industrial Estate, Plot No. 24, ABCD, Charkop, Kandivali West, Mumbai, MH, IND, 400067

Website

https://www.rajnishwellness.com

Rajnish Wellness Ltd is engaged in the business of branding and marketing sexual wellness and ayurvedic personal care products. It markets its product under its own flagship brand Playwin. their products include Hair oil for dandruff & hair fall. mithohar liquid for controlling diabetes, lotions for skin itching problems, Etc.

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