Valiant Communications (BOM:526775) Inventory Turnover : 0.42 (As of Mar. 2024)

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What is Valiant Communications 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. Valiant Communications's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹60.4 Mil. Valiant Communications's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹145.2 Mil. Valiant Communications's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Valiant Communications's Days Inventory for the three months ended in Mar. 2024 was 219.47.

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. Valiant Communications's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.09.

Valiant Communications Inventory Turnover Historical Data

The historical data trend for Valiant Communications'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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Valiant Communications Inventory Turnover Chart

Valiant Communications Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.24

1.39

0.62

0.97

1.36

Valiant Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.25	0.27	0.35	0.34	0.42

Valiant Communications Inventory Turnover Calculation

Valiant Communications'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 )
=	215.088	/ (	(170.474	+	145.152)	/	2 )
=	215.088	/	157.813
=	1.36

Valiant Communications'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 )
=	60.351	/ (	(0	+	145.152)	/	1 )
=	60.351	/	145.152
=	0.42

Valiant Communications (BOM:526775) 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.

Valiant Communications'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
	=	145.152	/	60.351	*	365 / 4
	=	219.47

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.

Valiant Communications'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 )
	=	145.152	/	133.05
	=	1.09

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.

Valiant Communications Inventory Turnover Related Terms

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Valiant Communications (BOM:526775) Business Description

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Address

71/1, Shivaji Marg, New Delhi, IND, 110015

Website

https://www.valiantcom.com

Valiant Communications Ltd is an Indian company engaged in the manufacturing of Telecom Transmission Equipment. It offers communication and transmission products and solutions for the Power Utility sector including power generation, transmission, distribution, communication, Smart Grid and Renewables (Hydro, Wind, and Solar). It also provides products and solutions for Oil and Gas sector, Railways and Metro rail networks and Airport communications networks. Some of the products provided by the company include NTP Sub-Master Clock, IP Multiplexer, Time Display Units and Packet Optical Transport Interface. Geographically the company generates revenue from India, the USA, Europe, and the rest of the world, where the majority is generated from India.

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