Atlas Jewellery India (BOM:514394) Inventory Turnover : 0.05 (As of Dec. 2021)

View and export this data going back to 1994. Start your Free Trial

What is Atlas Jewellery India 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. Atlas Jewellery India's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹5.76 Mil. Atlas Jewellery India's Average Total Inventories for the quarter that ended in Dec. 2021 was ₹113.18 Mil. Atlas Jewellery India's Inventory Turnover for the quarter that ended in Dec. 2021 was 0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atlas Jewellery India's Days Inventory for the three months ended in Dec. 2021 was 1,791.82.

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. Atlas Jewellery India's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 14.46.

Atlas Jewellery India Inventory Turnover Historical Data

The historical data trend for Atlas Jewellery India'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.

Atlas Jewellery India Inventory Turnover Chart

Atlas Jewellery India Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Inventory Turnover

Get a 7-Day Free Trial

0.34

0.18

0.15

0.08

Atlas Jewellery India Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Inventory Turnover	Get a 7-Day Free Trial															0.03	0.03	0.03	0.02	0.05

Atlas Jewellery India Inventory Turnover Calculation

Atlas Jewellery India's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Inventory Turnover (A: Mar. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2021 )	/ (	(Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )
=	9.906	/ (	(128.536	+	119.198)	/	2 )
=	9.906	/	123.867
=	0.08

Atlas Jewellery India's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	5.764	/ (	(113.184	+	0)	/	1 )
=	5.764	/	113.184
=	0.05

Atlas Jewellery India (BOM:514394) 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.

Atlas Jewellery India's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	113.184	/	5.764	*	365 / 4
	=	1,791.82

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.

Atlas Jewellery India's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	113.184	/	7.828
	=	14.46

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.

Atlas Jewellery India Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Atlas Jewellery India's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlas Jewellery India (BOM:514394) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Atlas Jewellery India Ltd (BOM:514394) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

DLF Tower A, Plot Number 10, JA-710, 7th Floor, Jasola District, New Delhi, IND, 110025

Website

https://www.atlasjewelleryindia.com

Atlas Jewellery India Ltd is an Indian based company operating in the Gems and Jewellery Sector. It is engaged in manufacturing, retail trade and export of gold, diamonds, and other precious ornaments. Its products include fashionable jewellery, modern and chic as well as traditional and ethnic ornaments. It sells its jewellery through its retail stores. The company has all its revenue from operations within the Indian market.

Atlas Jewellery India (BOM:514394) Headlines

No Headlines