Polo Hotels (BOM:526687) Inventory Turnover: 11.54 (As of Dec. 2023)

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BOM:526687 Polo Hotels Ltd BOM:526687
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Price ₹9.15
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What is Polo Hotels Inventory Turnover?

Polo Hotels BOM:526687 4 Inventory Turnover is 11.54 as of Dec. 2023. GuruFocus rates BOM:526687 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. Polo Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.58 Mil. Polo Hotels's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹0.05 Mil. Polo Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polo Hotels's Days Inventory for the three months ended in Dec. 2023 was 7.91.

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.

Polo Hotels  (BOM:526687) 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.

Polo Hotels'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
=0.05/0.577*365 / 4
=7.91

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.

Polo Hotels'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 )
=0.05 / 0
=

* 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.

Polo Hotels Inventory Turnover Related Terms

Polo Hotels Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Polo Hotels'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.

Polo Hotels Inventory Turnover Chart

Polo Hotels Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 1.77 0.00 38.78 51.84

Polo Hotels Quarterly Data
Dec18 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 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 34.19 18.78 12.06 15.94 11.54
BOM:526687
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Polo Hotels Ltd BOM:526687
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Polo Hotels Inventory Turnover Calculation

Polo Hotels'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 )
=2.592 / ((0.05 + 0.05) / 2 )
=2.592 / 0.05
=51.84

Polo Hotels'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 )
=0.577 / ((0.05 + 0) / 1 )
=0.577 / 0.05
=11.54

* 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 11.54 mean?
Polo Hotels (BOM:526687) has a Inventory Turnover of 11.54 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Polo Hotels and its competitors.
Is Polo Hotels' Inventory Turnover too high?
Polo Hotels' current Inventory Turnover is 11.54. Overall, Polo Hotels has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Polo Hotels' Inventory Turnover compare to MAR and HLT?
Polo Hotels' Inventory Turnover of 11.54 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 Polo Hotels and its competitors. Polo Hotels's current Inventory Turnover is 11.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polo Hotels stock overvalued right now?
Polo Hotels (BOM:526687) has a current Inventory Turnover of 11.54. The current Inventory Turnover is 11.54. Polo Hotels' 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 Polo Hotels (BOM:526687), the current Inventory Turnover is 11.54 as of Dec. 2023. 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.

Polo Hotels Business Description

Address Hotel North Park, Near Ghaggar Bridge, Sector 32, Panchkula, HR, IND, 134108
Polo Hotels Ltd engages in the business of setting up and running hotels and restaurants. The company leases its only venture: Hotel North Park, located in Panchkula.
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