Shoppers Stop (NSE:SHOPERSTOP) Inventory Turnover : 0.37 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Shoppers Stop 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. Shoppers Stop's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,161 Mil. Shoppers Stop's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹16,866 Mil. Shoppers Stop's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shoppers Stop's Days Inventory for the three months ended in Mar. 2024 was 249.80.

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. Shoppers Stop's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.61.

Shoppers Stop Inventory Turnover Historical Data

The historical data trend for Shoppers Stop'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.

Shoppers Stop Inventory Turnover Chart

Shoppers Stop Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

1.74

1.03

1.62

1.86

1.60

Shoppers Stop Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.35	0.38	0.36	0.44	0.37

Shoppers Stop Inventory Turnover Calculation

Shoppers Stop'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 )
=	25442.1	/ (	(14997.9	+	16865.6)	/	2 )
=	25442.1	/	15931.75
=	1.60

Shoppers Stop'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 )
=	6160.8	/ (	(0	+	16865.6)	/	1 )
=	6160.8	/	16865.6
=	0.37

Shoppers Stop (NSE:SHOPERSTOP) 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.

Shoppers Stop'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
	=	16865.6	/	6160.8	*	365 / 4
	=	249.80

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.

Shoppers Stop'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 )
	=	16865.6	/	10463.4
	=	1.61

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.

Shoppers Stop Inventory Turnover Related Terms

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

Shoppers Stop (NSE:SHOPERSTOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoppers Stop Ltd (NSE:SHOPERSTOP) » Definitions » Inventory Turnover

Traded in Other Exchanges

532638:India

Address

Mindspace, Off. Link Road, Umang Tower, 5th Floor, Malad (West), Mumbai, MH, IND, 400064

Website

https://www.shoppersstop.com

Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.

Shoppers Stop (NSE:SHOPERSTOP) Headlines

No Headlines