Veekayem Fashion & Apparels (NSE:VEEKAYEM) Change In Inventory : ₹-18 Mil (TTM As of Mar. 2024)

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What is Veekayem Fashion & Apparels Change In Inventory?

Veekayem Fashion & Apparels's change in inventory for the quarter that ended in Mar. 2024 was ₹-18 Mil. It means Veekayem Fashion & Apparels's inventory increased by ₹18 Mil from Mar. 2023 to Mar. 2024 .

Veekayem Fashion & Apparels's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-18 Mil. It means Veekayem Fashion & Apparels's inventory increased by ₹18 Mil from Mar. 2023 to Mar. 2024 .

Veekayem Fashion & Apparels's Total Inventories for the quarter that ended in Mar. 2024 was ₹652 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Veekayem Fashion & Apparels's Days Inventory for the quarter that ended in Mar. 2024 was 60.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Veekayem Fashion & Apparels's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.00.

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. Veekayem Fashion & Apparels's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Veekayem Fashion & Apparels Change In Inventory Historical Data

The historical data trend for Veekayem Fashion & Apparels'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.
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Veekayem Fashion & Apparels Change In Inventory Chart

Veekayem Fashion & Apparels Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

-53.85

-44.77

-86.92

25.74

-18.30

Veekayem Fashion & Apparels Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Inventory	-53.85	-44.77	-86.92	25.74	-18.30

Veekayem Fashion & Apparels Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-18 Mil.

Veekayem Fashion & Apparels (NSE:VEEKAYEM) Change In Inventory Explanation

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

Veekayem Fashion & Apparels's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	643.0285	/	1929.827	*	365 / 2
	=	60.81

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

Veekayem Fashion & Apparels's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1929.827	/	643.0285
	=	3.00

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.

Veekayem Fashion & Apparels's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	643.0285	/	2429.015
	=	0.26

Veekayem Fashion & Apparels Change In Inventory Related Terms

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Veekayem Fashion & Apparels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Veekayem Fashion & Apparels Ltd (NSE:VEEKAYEM) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063

Website

https://www.vkmgroups.com

Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.

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