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VL E-Governance & IT Solutions (BOM:543958) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is VL E-Governance & IT Solutions 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. VL E-Governance & IT Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.3 Mil. VL E-Governance & IT Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VL E-Governance & IT Solutions's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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.

VL E-Governance & IT Solutions Inventory Turnover Historical Data

The historical data trend for VL E-Governance & IT Solutions'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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VL E-Governance & IT Solutions Inventory Turnover Chart

VL E-Governance & IT Solutions Annual Data
Trend Mar23 Mar24
Inventory Turnover
- -

VL E-Governance & IT Solutions Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial - - - - -

VL E-Governance & IT Solutions Inventory Turnover Calculation

VL E-Governance & IT Solutions'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 )
=244.394 / ((0 + 0) / 1 )
=244.394 / 0
=N/A

VL E-Governance & IT Solutions'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 )
=2.319 / ((0 + 0) / 1 )
=2.319 / 0
=N/A

* 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.

VL E-Governance & IT Solutions  (BOM:543958) 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.

VL E-Governance & IT Solutions'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
=0/2.319*365 / 4
=0.00

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.

VL E-Governance & IT Solutions'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 )
=0 / 0
=

* 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.

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.

VL E-Governance & IT Solutions Inventory Turnover Related Terms

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VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Inventory Turnover
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Traded in Other Exchanges
VLEGOV:India
Address
Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093
Website
VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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