Party Cruisers (NSE:PARTYCRUS) Change In Inventory : ₹6.3 Mil (TTM As of Mar. 2024)

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What is Party Cruisers Change In Inventory?

Party Cruisers Change In Inventory Historical Data

The historical data trend for Party Cruisers'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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Party Cruisers Change In Inventory Chart

Party Cruisers Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-10.06

-10.97

-27.17

9.34

6.29

Party Cruisers Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial						-16.43	-0.52	9.86	6.19	0.09

Party Cruisers 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 semi-annually data reported by the company within the most recent 12 months, which was ₹6.3 Mil.

Party Cruisers (NSE:PARTYCRUS) Change In Inventory Explanation

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

Party Cruisers's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	34.034	/	85.18	*	365 / 2
	=	72.92

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	85.18	/	34.034
	=	2.50

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.034	/	422.576
	=	0.08

Party Cruisers Change In Inventory Related Terms

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Party Cruisers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Party Cruisers Ltd (NSE:PARTYCRUS) » Definitions » Change In Inventory

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Address

303/304/305 Simran Plaza, Khar 4th Road, Near Hotel Regal Enclave, Khar (West), Mumbai, MH, IND, 400 052

Website

https://www.partycruisersindia.com

Party Cruisers Ltd specializes in Wedding Management and Events Management Business. The Wedding management services range from pre-wedding, during the wedding and post-wedding events like in-house designing, designation wedding event decor and others; The Event services range from planning and marketing to production and decor and others.

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