Country Condo's (BOM:531624) Inventory Turnover : 0.08 (As of Dec. 2024)

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What is Country Condo's 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. Country Condo's's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹23.3 Mil. Country Condo's's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹303.3 Mil. Country Condo's's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Country Condo's's Days Inventory for the three months ended in Dec. 2024 was 1,188.84.

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. Country Condo's's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 6.19.

Country Condo's Inventory Turnover Historical Data

The historical data trend for Country Condo's'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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Country Condo's Inventory Turnover Chart

Country Condo's Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.55

0.28

0.55

0.38

0.48

Country Condo's Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.11	0.12	0.07	0.05	0.08

Country Condo's Inventory Turnover Calculation

Country Condo's'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 )
=	123.279	/ (	(252.553	+	265.05)	/	2 )
=	123.279	/	258.8015
=	0.48

Country Condo's's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	23.28	/ (	(303.3	+	0)	/	1 )
=	23.28	/	303.3
=	0.08

Country Condo's (BOM:531624) 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.

Country Condo's's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	303.3	/	23.28	*	365 / 4
	=	1,188.84

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.

Country Condo's's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	303.3	/	48.996
	=	6.19

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.

Country Condo's Inventory Turnover Related Terms

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Country Condo's Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Condo's Ltd (BOM:531624) » Definitions » Inventory Turnover

Traded in Other Exchanges

COUNCODOS:India

Address

No. 7-1-19/3, 1st Floor, I. S. R. Complex, Kundanbagh, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.countrycondos.co.in

Country Condo's Ltd is engaged in the provision of real estate operations. The firm's real estate operations consist of procurement of land banks across the country, developing them into residential layouts with all amenities including a clubhouse, and selling them in plots to customers. It also undertakes allied activities of construction of compound walls in the developed layouts. The firm is also focused on undertaking the construction and sale of Condos. The company generates revenue from the sale of plots.

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