Trend Electronics (BOM:517228) Inventory Turnover: 0.25 (As of Sep. 2022)

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BOM:517228 Trend Electronics Ltd BOM:517228
4 GF Score
Price ₹12.87
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What is Trend Electronics Inventory Turnover?

Trend Electronics BOM:517228 4 Inventory Turnover is 0.25 as of Sep. 2022. GuruFocus rates BOM:517228 with a GF Score™ of 4/100.

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. Trend Electronics's Cost of Goods Sold for the three months ended in Sep. 2022 was ₹94.3 Mil. Trend Electronics's Average Total Inventories for the quarter that ended in Sep. 2022 was ₹382.8 Mil. Trend Electronics's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trend Electronics's Days Inventory for the three months ended in Sep. 2022 was 370.42.

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. Trend Electronics's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 3.73.

Trend Electronics  (BOM:517228) 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.

Trend Electronics'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
=382.8/94.3*365 / 4
=370.42

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.

Trend Electronics'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 )
=382.8 / 102.6
=3.73

* 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.

Trend Electronics Inventory Turnover Related Terms

Trend Electronics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Trend Electronics'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.

Trend Electronics Inventory Turnover Chart

Trend Electronics Annual Data
Trend Dec13 Dec14 Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.03 1.58 1.60 1.61

Trend Electronics Quarterly Data
Jun17 Dec17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.34 0.42 0.34 0.36 0.25
BOM:517228
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Trend Electronics Ltd BOM:517228
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Trend Electronics Inventory Turnover Calculation

Trend Electronics'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 )
=516.9 / ((328 + 315.8) / 2 )
=516.9 / 321.9
=1.61

Trend Electronics'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 )
=94.3 / ((0 + 382.8) / 1 )
=94.3 / 382.8
=0.25

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.25 mean?
Trend Electronics (BOM:517228) has a Inventory Turnover of 0.25 as of Sep. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Trend Electronics and its competitors.
Is Trend Electronics' Inventory Turnover too high?
Trend Electronics' current Inventory Turnover is 0.25. Overall, Trend Electronics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Trend Electronics' Inventory Turnover compare to LOGG and ANDR?
Trend Electronics' Inventory Turnover of 0.25 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Hardware company?
A good Inventory Turnover depends on the Hardware industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Trend Electronics and its competitors. Trend Electronics's current Inventory Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Electronics stock overvalued right now?
Trend Electronics (BOM:517228) has a current Inventory Turnover of 0.25. The current Inventory Turnover is 0.25. Trend Electronics' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Trend Electronics (BOM:517228), the current Inventory Turnover is 0.25 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trend Electronics Business Description

Address 20 K.M. Stone, Aurangabad-Beed Road, Village Bhalgaon, Aurangabad, MH, IND, 431210
Trend Electronics Ltd is an Indian-based company engaged in the manufacturing and trading of consumer electronics products and electronic components. Its products include Televisions, DVDs, and Set Top Boxes.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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