KBS India (BOM:530357) Inventory Turnover : 0.32 (As of Mar. 2024)

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What is KBS India 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. KBS India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.12 Mil. KBS India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹6.72 Mil. KBS India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KBS India's Days Inventory for the three months ended in Mar. 2024 was 288.97.

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. KBS India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.12.

KBS India Inventory Turnover Historical Data

The historical data trend for KBS India'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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KBS India Inventory Turnover Chart

KBS India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.32

KBS India Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	0.32

KBS India Inventory Turnover Calculation

KBS India'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 )
=	8.902	/ (	(0	+	6.723)	/	1 )
=	8.902	/	6.723
=	1.32

KBS India'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 )
=	2.123	/ (	(0	+	6.723)	/	1 )
=	2.123	/	6.723
=	0.32

KBS India (BOM:530357) 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.

KBS India'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
	=	6.723	/	2.123	*	365 / 4
	=	288.97

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.

KBS India'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 )
	=	6.723	/	5.99
	=	1.12

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.

KBS India Inventory Turnover Related Terms

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KBS India (BOM:530357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KBS India Ltd (BOM:530357) » Definitions » Inventory Turnover

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Address

140, Nagindas Master Road, 502, Commerce House, Fort, Mumbai, MH, IND, 400001

Website

https://www.kbs.co.in

KBS India Ltd is engaged in the business of security broking. It operates in two segments namely provide brokerage services and trading of shares. The company receives maximum revenue in the form of brokerage income. It operates mainly in India.

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