Career Point (NSE:CAREERP) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Career Point Change In Inventory?

Career Point's change in inventory for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Career Point's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Career Point's change in inventory for the fiscal year that ended in Mar. 2024 was ₹11 Mil. It means Career Point's inventory declined by ₹11 Mil from Mar. 2023 to Mar. 2024 .

Career Point's Total Inventories for the quarter that ended in Mar. 2024 was ₹11 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Career Point's Days Inventory for the quarter that ended in Mar. 2024 was 14.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Career Point's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.40.

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. Career Point's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Career Point Change In Inventory Historical Data

The historical data trend for Career Point'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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Career Point Change In Inventory Chart

Career Point Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-25.73

14.77

19.94

-6.43

10.59

Career Point Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Career Point 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Career Point (NSE:CAREERP) Change In Inventory Explanation

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

Career Point's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.6335	/	36.045	*	365 / 4
	=	14.26

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

Career Point's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	36.045	/	5.6335
	=	6.40

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.

Career Point's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.6335	/	256.465
	=	0.02

Career Point Change In Inventory Related Terms

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Career Point (NSE:CAREERP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Career Point Ltd (NSE:CAREERP) » Definitions » Change In Inventory

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533260:India

Address

Road No. 1, CP Tower 1, IPIA, Kota, RJ, IND, 324005

Website

https://www.ecareerpoint.com

Career Point Ltd is an Indian based company which provides education and hostel services. The service line of the company consists of pre-school, school education, test preparation, higher education, e-learning, and vocational education. It also provides education consultancy and management services for the administration of the school. The operating segments of the group are Education and Related Activities Division; Financing (NBFC) Division; Infra Division and Other Segment. It derives key revenue from the Financing (NBFC) Division. The Company derives the larger share of its revenue from Kota in Rajasthan and Northern part of India.

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