Campus Activewear (NSE:CAMPUS) Inventory Turnover : 0.48 (As of Dec. 2023)

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What is Campus Activewear 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. Campus Activewear's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,300 Mil. Campus Activewear's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹4,746 Mil. Campus Activewear's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Campus Activewear's Days Inventory for the three months ended in Dec. 2023 was 188.32.

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. Campus Activewear's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.01.

Campus Activewear Inventory Turnover Historical Data

The historical data trend for Campus Activewear'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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Campus Activewear Inventory Turnover Chart

Campus Activewear Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

2.72

2.64

2.01

2.17

1.87

Campus Activewear Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial										0.48	0.38	0.37	0.25	0.48

Campus Activewear Inventory Turnover Calculation

Campus Activewear's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	7519.81	/ (	(3542.82	+	4489.74)	/	2 )
=	7519.81	/	4016.28
=	1.87

Campus Activewear's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2299.8	/ (	(4746.4	+	0)	/	1 )
=	2299.8	/	4746.4
=	0.48

Campus Activewear (NSE:CAMPUS) 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.

Campus Activewear's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4746.4	/	2299.8	*	365 / 4
	=	188.32

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.

Campus Activewear's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4746.4	/	4720.1
	=	1.01

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.

Campus Activewear Inventory Turnover Related Terms

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Campus Activewear (NSE:CAMPUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Campus Activewear Ltd (NSE:CAMPUS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

543523:India

Address

DLF Cyberpark, Block B, First Floor, Sector- 20, Udyog Vihar, Phase III, Gurugram, HR, IND, 122016

Website

https://www.campusactivewear.com

Campus Activewear Ltd is a sports and athleisure footwear brand. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, and styles and at affordable prices. It operates as the single operating segment that is Footwear and Accessories. Geographically it works both within India and Outside India.

Campus Activewear (NSE:CAMPUS) Headlines

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