Crest Ventures (BOM:511413) Inventory Turnover : 0.14 (As of Sep. 2024)

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What is Crest Ventures 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. Crest Ventures's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹137 Mil. Crest Ventures's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹1,012 Mil. Crest Ventures's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crest Ventures's Days Inventory for the three months ended in Sep. 2024 was 675.26.

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. Crest Ventures's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.14.

Crest Ventures Inventory Turnover Historical Data

The historical data trend for Crest Ventures'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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Crest Ventures Inventory Turnover Chart

Crest Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.78

0.98

0.41

0.43

0.71

Crest Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.21	0.34	0.04	0.16	0.14

Crest Ventures Inventory Turnover Calculation

Crest Ventures'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 )
=	534.015	/ (	(635.886	+	868.364)	/	2 )
=	534.015	/	752.125
=	0.71

Crest Ventures's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	136.745	/ (	(0	+	1011.935)	/	1 )
=	136.745	/	1011.935
=	0.14

Crest Ventures (BOM:511413) 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.

Crest Ventures's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1011.935	/	136.745	*	365 / 4
	=	675.26

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.

Crest Ventures's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1011.935	/	321.772
	=	3.14

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.

Crest Ventures Inventory Turnover Related Terms

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Crest Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crest Ventures Ltd (BOM:511413) » Definitions » Inventory Turnover

Traded in Other Exchanges

CREST:India

Address

111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021

Website

https://www.crest.co.in

Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

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