Videocon Industries (BOM:511389) Inventory Turnover : 0.02 (As of Sep. 2022)

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What is Videocon Industries 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. Videocon Industries's Cost of Goods Sold for the three months ended in Sep. 2022 was ₹56 Mil. Videocon Industries's Average Total Inventories for the quarter that ended in Sep. 2022 was ₹2,348 Mil. Videocon Industries's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Videocon Industries's Days Inventory for the three months ended in Sep. 2022 was 3,823.19.

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. Videocon Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 1.24.

Videocon Industries Inventory Turnover Historical Data

The historical data trend for Videocon Industries'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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Videocon Industries Inventory Turnover Chart

Videocon Industries Annual Data

Trend

Sep09

Dec10

Dec11

Dec14

Dec15

Mar17

Mar18

Mar19

Mar21

Mar22

Inventory Turnover

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1.94

2.14

0.29

0.18

Videocon Industries Quarterly Data
	Sep05	Sep06	Sep07	Sep08	Sep09	Dec10	Dec11	Dec15	Mar18	Mar19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															0.03	0.04	0.04	0.04	0.02

Videocon Industries Inventory Turnover Calculation

Videocon Industries's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	420.62	/ (	(0	+	2366.99)	/	1 )
=	420.62	/	2366.99
=	0.18

Videocon Industries's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	56.05	/ (	(0	+	2348.38)	/	1 )
=	56.05	/	2348.38
=	0.02

Videocon Industries (BOM:511389) 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.

Videocon Industries's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	2348.38	/	56.05	*	365 / 4
	=	3,823.19

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.

Videocon Industries's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	2348.38	/	1900.78
	=	1.24

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.

Videocon Industries Inventory Turnover Related Terms

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Videocon Industries (BOM:511389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Videocon Industries Ltd (BOM:511389) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

14 KM Stone, Aurangabad Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105

Website

http://www.videoconindustriesltd.com

Videocon Industries is an India-based company that focuses on manufacturing and distributing a variety of consumer electronics and home appliances. The company is principally engaged in three business segments: consumer electronics and home appliances; crude oil and natural gas; and telecommunications. The crude oil and natural gas segment generates the most revenue for the company through extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances, and this business contributes the second-largest portion of the company's total revenue.

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