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Prism Medico & Pharmacy (BOM:512217) Inventory Turnover : 0.01 (As of Jun. 2024)


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What is Prism Medico & Pharmacy 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. Prism Medico & Pharmacy's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹0.48 Mil. Prism Medico & Pharmacy's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹67.71 Mil. Prism Medico & Pharmacy's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prism Medico & Pharmacy's Days Inventory for the three months ended in Jun. 2024 was 12,871.19.

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. Prism Medico & Pharmacy's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 107.98.


Prism Medico & Pharmacy Inventory Turnover Historical Data

The historical data trend for Prism Medico & Pharmacy'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.

* Premium members only.

Prism Medico & Pharmacy Inventory Turnover Chart

Prism Medico & Pharmacy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.74 6.81 1.49 0.17 0.38

Prism Medico & Pharmacy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.02 0.01

Prism Medico & Pharmacy Inventory Turnover Calculation

Prism Medico & Pharmacy'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 )
=25.608 / ((67.706 + 67.706) / 2 )
=25.608 / 67.706
=0.38

Prism Medico & Pharmacy'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 )
=0.48 / ((67.706 + 0) / 1 )
=0.48 / 67.706
=0.01

* 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.


Prism Medico & Pharmacy  (BOM:512217) 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.

Prism Medico & Pharmacy'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
=67.706/0.48*365 / 4
=12,871.19

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.

Prism Medico & Pharmacy'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 )
=67.706 / 0.627
=107.98

* 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.


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.


Prism Medico & Pharmacy Inventory Turnover Related Terms

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Prism Medico & Pharmacy Business Description

Traded in Other Exchanges
N/A
Address
Suketi Road, Kala Amb, Sirmaur District, Nahan, HP, IND, 173030
Prism Medico & Pharmacy Ltd operates in wholesale and retail of animal feed, poultry feed, cattle feed, aqua feed, ayurvedic foods, organic food, juices, cosmetics, herbal extracts, nutrients, and FMCG products.

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