Eldeco Housing and Industries (BOM:523329) Inventory Turnover : 0.02 (As of Dec. 2023)

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What is Eldeco Housing and Industries 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. Eldeco Housing and Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹62.2 Mil. Eldeco Housing and Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹3,590.8 Mil. Eldeco Housing and Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eldeco Housing and Industries's Days Inventory for the three months ended in Dec. 2023 was 5,264.97.

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. Eldeco Housing and Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 16.62.

Eldeco Housing and Industries Inventory Turnover Historical Data

The historical data trend for Eldeco Housing and Industries'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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Eldeco Housing and Industries Inventory Turnover Chart

Eldeco Housing and Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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0.44

0.26

0.36

0.24

Eldeco Housing and Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.06	0.08	0.05	0.01	0.02

Eldeco Housing and Industries Inventory Turnover Calculation

Eldeco Housing and Industries's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	553.413	/ (	(2060.03	+	2602.298)	/	2 )
=	553.413	/	2331.164
=	0.24

Eldeco Housing and Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	62.234	/ (	(3590.798	+	0)	/	1 )
=	62.234	/	3590.798
=	0.02

Eldeco Housing and Industries (BOM:523329) 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.

Eldeco Housing and Industries's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3590.798	/	62.234	*	365 / 4
	=	5,264.97

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.

Eldeco Housing and Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3590.798	/	216.074
	=	16.62

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.

Eldeco Housing and Industries Inventory Turnover Related Terms

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Eldeco Housing and Industries (BOM:523329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eldeco Housing and Industries Ltd (BOM:523329) » Definitions » Inventory Turnover

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Traded in Other Exchanges

ELDEHSG:India

Address

Eldeco Corporate Chamber-1, 2nd Floor, Vibhuti Khand (Opposite Mandi Parishad), Gomti Nagar, Lucknow, UP, IND, 226010

Website

https://www.eldecogroup.com

Eldeco Housing and Industries Ltd provides real estate infrastructure services. The company's core business activities are categorized into a key segment, Real Estate which promotes, constructs, develops, and sells townships, residential, commercial property, and developed plots. Geographically the company generates the majority of its revenue within India.

Eldeco Housing and Industries (BOM:523329) Headlines

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