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Vivaa Tradecom (BOM:544002) Inventory Turnover : 2.51 (As of Mar. 2023)


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What is Vivaa Tradecom 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. Vivaa Tradecom's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹479 Mil. Vivaa Tradecom's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹191 Mil. Vivaa Tradecom's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vivaa Tradecom's Days Inventory for the six months ended in Mar. 2023 was 72.82.

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. Vivaa Tradecom's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.39.

Vivaa Tradecom Inventory Turnover Historical Data

The historical data trend for Vivaa Tradecom'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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Vivaa Tradecom Inventory Turnover Chart

Vivaa Tradecom Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
3.72 6.67 11.55 6.70 9.79

Vivaa Tradecom Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24
Inventory Turnover Get a 7-Day Free Trial - - 4.23 2.51 -

Vivaa Tradecom Inventory Turnover Calculation

Vivaa Tradecom'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 )
=1898.904 / ((188.937 + 198.801) / 2 )
=1898.904 / 193.869
=9.79

Vivaa Tradecom's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=479.058 / ((193.379 + 188.937) / 2 )
=479.058 / 191.158
=2.51

* 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.

Vivaa Tradecom  (BOM:544002) 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.

Vivaa Tradecom's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=191.158/479.058*365 / 2
=72.82

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.

Vivaa Tradecom's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=191.158 / 484.971
=0.39

* 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.

Vivaa Tradecom Inventory Turnover Related Terms

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Vivaa Tradecom (BOM:544002) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vivaa Tradecom Ltd (BOM:544002) » Definitions » Inventory Turnover
Comparable Companies
BOM:543209 BOM:530675 BOM:521206 BOM:526827 BOM:531119 BOM:531402 BOM:531613 BOM:521210 BOM:540243 BOM:531301 OSTO:HM B MIL:MONC RL WAR:LPP LEVI VFC BOM:532827 TSX:GIL COLM TPE:1476
Traded in Other Exchanges
N/A
Address
17, Pirana Piplaj Road, Saijpur (Gopalpur), Piplej, Ahmedabad, GJ, IND, 382405
Website
https://www.vivaatrade.com
Vivaa Tradecom Ltd is engaged in the trading of clothes and Garments. Its product range of denim jeans for men and women bears the hallmark of its distinctive sourcing and lean manufacturing via engagement with a string of valued and dependable supply chain partners.

Vivaa Tradecom (BOM:544002) Headlines

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