Globesecure Technologies (NSE:GSTL) Inventory Turnover : 0.61 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Globesecure Technologies 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. Globesecure Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹77.6 Mil. Globesecure Technologies's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹126.7 Mil. Globesecure Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globesecure Technologies's Days Inventory for the six months ended in Sep. 2023 was 298.15.

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. Globesecure Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.26.

Globesecure Technologies Inventory Turnover Historical Data

The historical data trend for Globesecure Technologies'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.

* Premium members only.

Globesecure Technologies Inventory Turnover Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

2.91

4.59

3.32

4.03

1.97

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			0.48	3.12	0.48	1.33	0.61

Globesecure Technologies Inventory Turnover Calculation

Globesecure Technologies'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 )
=	214.549	/ (	(67.258	+	150.542)	/	2 )
=	214.549	/	108.9
=	1.97

Globesecure Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	77.573	/ (	(150.542	+	102.92)	/	2 )
=	77.573	/	126.731
=	0.61

Globesecure Technologies (NSE:GSTL) 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.

Globesecure Technologies's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	126.731	/	77.573	*	365 / 2
	=	298.15

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.

Globesecure Technologies's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	126.731	/	100.517
	=	1.26

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.

Globesecure Technologies Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Globesecure Technologies's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

Globesecure Technologies (NSE:GSTL) Headlines

No Headlines