Cropster Agro (BOM:523105) Inventory Turnover : 2.79 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Cropster Agro 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. Cropster Agro's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹215.5 Mil. Cropster Agro's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹77.3 Mil. Cropster Agro's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cropster Agro's Days Inventory for the three months ended in Mar. 2024 was 32.72.

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. Cropster Agro's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.

Cropster Agro Inventory Turnover Historical Data

The historical data trend for Cropster Agro'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.

Cropster Agro Inventory Turnover Chart

Cropster Agro Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

6.27

Cropster Agro Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	2.79

Cropster Agro Inventory Turnover Calculation

Cropster Agro'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 )
=	484.827	/ (	(0	+	77.283)	/	1 )
=	484.827	/	77.283
=	6.27

Cropster Agro's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	215.498	/ (	(0	+	77.283)	/	1 )
=	215.498	/	77.283
=	2.79

Cropster Agro (BOM:523105) 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.

Cropster Agro's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	77.283	/	215.498	*	365 / 4
	=	32.72

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.

Cropster Agro's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	77.283	/	274.529
	=	0.28

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.

Cropster Agro Inventory Turnover Related Terms

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

Cropster Agro (BOM:523105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cropster Agro Ltd (BOM:523105) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bh Navgujarat College, Ashram Road,, 203 Abhishek Complex, Ahmedabad, GJ, IND, 380013

Website

https://www.planterspolysacks.com

Cropster Agro Ltd formerly Planter'S Polysacks Ltd is engaged in trading and dealing of chemicals, plastic, rubber products, leather, foam, celluloses, and, polypropylene bags.

Cropster Agro (BOM:523105) Headlines

No Headlines