Vardhman Polytex (BOM:514175) Inventory Turnover : 3.22 (As of Dec. 2024)

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What is Vardhman Polytex 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. Vardhman Polytex's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹319 Mil. Vardhman Polytex's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹99 Mil. Vardhman Polytex's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vardhman Polytex's Days Inventory for the three months ended in Dec. 2024 was 28.31.

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. Vardhman Polytex's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

Vardhman Polytex Inventory Turnover Historical Data

The historical data trend for Vardhman Polytex'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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Vardhman Polytex Inventory Turnover Chart

Vardhman Polytex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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21.14

19.05

22.27

18.03

20.16

Vardhman Polytex 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															3.92	3.68	3.27	5.17	3.22

Vardhman Polytex Inventory Turnover Calculation

Vardhman Polytex'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 )
=	3299.336	/ (	(159.272	+	168.123)	/	2 )
=	3299.336	/	163.6975
=	20.16

Vardhman Polytex'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 )
=	319.016	/ (	(98.975	+	0)	/	1 )
=	319.016	/	98.975
=	3.22

Vardhman Polytex (BOM:514175) 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.

Vardhman Polytex'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
	=	98.975	/	319.016	*	365 / 4
	=	28.31

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.

Vardhman Polytex'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 )
	=	98.975	/	753.538
	=	0.13

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.

Vardhman Polytex Inventory Turnover Related Terms

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Vardhman Polytex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Polytex Ltd (BOM:514175) » Definitions » Inventory Turnover

Traded in Other Exchanges

VARDMNPOLY:India

Address

Chandigarh Road, Vardhman Park, Ludhiana, PB, IND, 141123

Website

https://www.oswalgroup.com

Vardhman Polytex Ltd is an Indian company operating in the Textile industry. The company is engaged in the manufacturing and export of cotton fabric and branded yarn. It is also engaged in the Real Estate business. It has production facilities located in Bathinda, Ludhiana, and Nalagarh in India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns, fabrics, and garments including compact yarns, Organic Cotton Yarns, Dyed Yarns, polo t-shirts, round neck t-shirts, hoodies, and sweatshirts for men, women, and kids. It generates the majority of the revenue from the Textile Business. Geographically it covers the Indian and International Market.

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