Pioneer Investcorp (BOM:507864) Inventory Turnover : 0.06 (As of Jun. 2024)

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What is Pioneer Investcorp 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. Pioneer Investcorp's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹38.6 Mil. Pioneer Investcorp's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹641.4 Mil. Pioneer Investcorp's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pioneer Investcorp's Days Inventory for the three months ended in Jun. 2024 was 1,515.65.

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. Pioneer Investcorp's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 7.42.

Pioneer Investcorp Inventory Turnover Historical Data

The historical data trend for Pioneer Investcorp'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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Pioneer Investcorp Inventory Turnover Chart

Pioneer Investcorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.65

0.27

0.26

0.65

0.35

Pioneer Investcorp Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.14	0.02	0.02	0.06	0.06

Pioneer Investcorp Inventory Turnover Calculation

Pioneer Investcorp'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 )
=	162.797	/ (	(286.566	+	641.374)	/	2 )
=	162.797	/	463.97
=	0.35

Pioneer Investcorp's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	38.614	/ (	(641.374	+	0)	/	1 )
=	38.614	/	641.374
=	0.06

Pioneer Investcorp (BOM:507864) 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.

Pioneer Investcorp's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	641.374	/	38.614	*	365 / 4
	=	1,515.65

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.

Pioneer Investcorp's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	641.374	/	86.494
	=	7.42

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.

Pioneer Investcorp Inventory Turnover Related Terms

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Pioneer Investcorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pioneer Investcorp Ltd (BOM:507864) » Definitions » Inventory Turnover

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Address

1218, Maker Chambers V, 12th Floor, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.pinc.co.in

Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.

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