WSFX Global Pay (BOM:511147) Inventory Turnover : 3.65 (As of Mar. 2025)

View and export this data going back to 2001. Start your Free Trial

What is WSFX Global Pay 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. WSFX Global Pay's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹169.5 Mil. WSFX Global Pay's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹46.4 Mil. WSFX Global Pay's Inventory Turnover for the quarter that ended in Mar. 2025 was 3.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WSFX Global Pay's Days Inventory for the three months ended in Mar. 2025 was 25.01.

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. WSFX Global Pay's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.21.

WSFX Global Pay Inventory Turnover Historical Data

The historical data trend for WSFX Global Pay'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.

WSFX Global Pay Inventory Turnover Chart

WSFX Global Pay Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

Get a 7-Day Free Trial

820.08

3,011.22

2,082.17

24.37

18.79

WSFX Global Pay Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															5.91	6.06	4.56	3.69	3.65

WSFX Global Pay Inventory Turnover Calculation

WSFX Global Pay's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	670.728	/ (	(24.944	+	46.447)	/	2 )
=	670.728	/	35.6955
=	18.79

WSFX Global Pay's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	169.479	/ (	(0	+	46.447)	/	1 )
=	169.479	/	46.447
=	3.65

WSFX Global Pay (BOM:511147) 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.

WSFX Global Pay's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	46.447	/	169.479	*	365 / 4
	=	25.01

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.

WSFX Global Pay's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	46.447	/	218.043
	=	0.21

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.

WSFX Global Pay Inventory Turnover Related Terms

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

WSFX Global Pay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » WSFX Global Pay Ltd (BOM:511147) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 622, M.V. Road, 6th Floor, The Summit Business Bay - Omkar Prakash Wadi, Opposite PVR Cinema, Chakala, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.wsfx.in

WSFX Global Pay Ltd is a financial service company in India. It is an RBI licensed, Authorized Dealer Category II foreign exchange house. The company is engaged in the foreign currency business and money transfer business. The segments of the company for forex are Wholesale, Student, Retail, Corporate, and Remittance. It offers products such as Currency Notes, Forex Prepaid Cards, Travellers Cheque, Outward Remittances, Travel Insurance, Smart Currency Card, and Student Identity Card.

WSFX Global Pay Headlines

No Headlines