Arihant Academy (NSE:ARIHANTACA) Change In Inventory : ₹0.0 Mil (TTM As of Sep. 2023)

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What is Arihant Academy Change In Inventory?

Arihant Academy's change in inventory for the quarter that ended in Sep. 2023 was ₹0.0 Mil. It means Arihant Academy's inventory stayed the same from Mar. 2023 to Sep. 2023 .

Arihant Academy's change in inventory for the fiscal year that ended in Mar. 2023 was ₹0.0 Mil. It means Arihant Academy's inventory stayed the same from Mar. 2022 to Mar. 2023 .

Arihant Academy's Total Inventories for the quarter that ended in Sep. 2023 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arihant Academy's Days Inventory for the quarter that ended in Sep. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Arihant Academy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Arihant Academy Change In Inventory Historical Data

The historical data trend for Arihant Academy's Change In Inventory 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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Arihant Academy Change In Inventory Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
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Arihant Academy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

Arihant Academy (NSE:ARIHANTACA) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Arihant Academy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	33.351	*	365 / 4
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	33.351	/	0
	=	N/A

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	155.757
	=	0.00

Arihant Academy Change In Inventory Related Terms

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Arihant Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Change In Inventory

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Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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