Empower India (BOM:504351) Inventory Turnover : 1.39 (As of Dec. 2024)

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What is Empower India 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. Empower India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹234 Mil. Empower India's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹169 Mil. Empower India's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empower India's Days Inventory for the three months ended in Dec. 2024 was 65.69.

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. Empower India's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.71.

Empower India Inventory Turnover Historical Data

The historical data trend for Empower India'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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Empower India Inventory Turnover Chart

Empower India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.21

1.78

20.41

Empower India Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.83	15.02	6.13	2.58	1.39

Empower India Inventory Turnover Calculation

Empower India's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	1127.194	/ (	(52.227	+	58.249)	/	2 )
=	1127.194	/	55.238
=	20.41

Empower India's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	234.336	/ (	(168.695	+	0)	/	1 )
=	234.336	/	168.695
=	1.39

Empower India (BOM:504351) 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.

Empower India's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	168.695	/	234.336	*	365 / 4
	=	65.69

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.

Empower India's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	168.695	/	237.238
	=	0.71

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.

Empower India Inventory Turnover Related Terms

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Empower India Business Description

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Address

327, D. N. Road, 25/25A, 2nd Floor, Nawab Building, Fort, Mumbai, MH, IND, 400001

Website

https://www.empowerindia.in

Empower India Ltd engaged in Information Technology products and peripherals. It provides its clients with business processes and technology management services. Its product portfolio includes EmpowerBollywood, Empower Biz, and Empower Tradex. EmpowerBollywood aims to bring production houses, performers, service providers and general consumers to a common platform. Empower Biz is a business Intelligence App lets store and share business cards on phone with features that give an experience. Empower Tradex helps to trade or exchange goods or services among themselves. The company generates its revenue mainly from IT products.

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