Spicy Entertainment and Media (BOM:540084) Inventory Turnover : 1.39 (As of Mar. 2023)

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What is Spicy Entertainment and Media 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. Spicy Entertainment and Media's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹157.5 Mil. Spicy Entertainment and Media's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹113.4 Mil. Spicy Entertainment and Media's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spicy Entertainment and Media's Days Inventory for the six months ended in Mar. 2023 was 131.44.

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. Spicy Entertainment and Media's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 1.05.

Spicy Entertainment and Media Inventory Turnover Historical Data

The historical data trend for Spicy Entertainment and Media'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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Spicy Entertainment and Media Inventory Turnover Chart

Spicy Entertainment and Media Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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0.14

0.15

1.21

0.47

3.31

Spicy Entertainment and Media Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Inventory Turnover	Get a 7-Day Free Trial													0.21	-	0.47	1.01	1.39

Spicy Entertainment and Media Inventory Turnover Calculation

Spicy Entertainment and Media'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 )
=	259.414	/ (	(66	+	90.85)	/	2 )
=	259.414	/	78.425
=	3.31

Spicy Entertainment and Media'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 )
=	157.475	/ (	(135.975	+	90.85)	/	2 )
=	157.475	/	113.4125
=	1.39

Spicy Entertainment and Media (BOM:540084) 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.

Spicy Entertainment and Media'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
	=	113.4125	/	157.475	*	365 / 2
	=	131.44

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.

Spicy Entertainment and Media'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 )
	=	113.4125	/	108.05
	=	1.05

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.

Spicy Entertainment and Media Inventory Turnover Related Terms

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Spicy Entertainment and Media (BOM:540084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Spicy Entertainment and Media Ltd (BOM:540084) » Definitions » Inventory Turnover

Comparable Companies

HLWD BOM:535647 BOM:533268 AFOM BOM:531668 BOM:590070 BOM:532350 BOM:532392 NSE:ORTEL BOM:531925

Traded in Other Exchanges

N/A

Address

68, R. K. Chatterjee Road Kasba, Rash Behari Connector, 3rd Floor, Kolkata, WB, IND, 700042

Website

https://www.spicyy.in

Spicy Entertainment and Media Ltd is a media and entertainment company. It offers end-to-end integrated services including Production, Post Production and Media and Creative Services to production houses, studios, and broadcasters.

Spicy Entertainment and Media (BOM:540084) Headlines

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