Groarc Industries India (BOM:532315) Inventory Turnover : 0.81 (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Groarc Industries 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. Groarc Industries India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹19.5 Mil. Groarc Industries India's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹24.2 Mil. Groarc Industries India's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groarc Industries India's Days Inventory for the three months ended in Dec. 2024 was 113.32.

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. Groarc Industries India's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.24.

Groarc Industries India Inventory Turnover Historical Data

The historical data trend for Groarc Industries 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.

* Premium members only.

Groarc Industries India Inventory Turnover Chart

Groarc Industries India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

109.79

66.64

37.36

Groarc Industries India Quarterly Data
	Mar19	Mar20	Jun20	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															-	-	-	0.40	0.81

Groarc Industries India Inventory Turnover Calculation

Groarc Industries 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 )
=	397.082	/ (	(0	+	0)	/	1 )
=	397.082	/	0
=	N/A

Groarc Industries India'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 )
=	19.489	/ (	(24.017	+	24.388)	/	2 )
=	19.489	/	24.2025
=	0.81

Groarc Industries India (BOM:532315) 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.

Groarc Industries India'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
	=	24.2025	/	19.489	*	365 / 4
	=	113.32

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.

Groarc Industries India'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 )
	=	24.2025	/	19.5
	=	1.24

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.

Groarc Industries India Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Groarc Industries India's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Groarc Industries India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Groarc Industries India Ltd (BOM:532315) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. - 1/L Blackers Road, 2F, Gaiety Palace, 2nd Floor, Chintadripet, Chennai, TN, IND, 600002

Website

https://www.telesys.in

Groarc Industries India Ltd is an information technology (IT) and information technology-enabled services (ITES) and solutions provider. The company operates in the Information technology (IT) segment. It is involved in information security analysis, web development, computer network architecture, computer systems analysis, and other jobs that analyze how computer systems, software, data, and security work within a company. Services offered by the company include IT design, development, program, and test services, IT consulting, E-commerce, software development, and infrastructure services. The company is also involved in Real estate activities on a fee or contract basis.

Groarc Industries India Headlines

No Headlines