Commex Technology (BOM:532342) Inventory Turnover : 0.00 (As of Dec. 2020)

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

What is Commex Technology 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. Commex Technology's Cost of Goods Sold for the three months ended in Dec. 2020 was ₹0.17 Mil. Commex Technology's Average Total Inventories for the quarter that ended in Dec. 2020 was ₹0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Commex Technology's Days Inventory for the three months ended in Dec. 2020 was 0.00.

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.

Commex Technology Inventory Turnover Historical Data

The historical data trend for Commex Technology'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.

Commex Technology Inventory Turnover Chart

Commex Technology Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Inventory Turnover

Get a 7-Day Free Trial

Commex Technology Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Commex Technology Inventory Turnover Calculation

Commex Technology's Inventory Turnover for the fiscal year that ended in Mar. 2020 is calculated as

	Inventory Turnover (A: Mar. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2020 )	/ (	(Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )
=	0.676	/ (	(0	+	0)	/	1 )
=	0.676	/	0
=	N/A

Commex Technology's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

	Inventory Turnover (Q: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2020 )	/ (	(Total Inventories (Q: Sep. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )
=	0.17	/ (	(0	+	0)	/	1 )
=	0.17	/	0
=	N/A

Commex Technology (BOM:532342) 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.

Commex Technology's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	0	/	0.17	*	365 / 4
	=	0.00

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.

Commex Technology's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	0	/	0
	=

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.

Commex Technology Inventory Turnover Related Terms

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

Commex Technology (BOM:532342) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Commex Technology Ltd (BOM:532342) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Nagardas Road, B-401, Unit No.- 42, 4th Floor, Vasudev Chamber, Opposite Wilson Pen Company, Andheri (East), Mumbai, MH, IND, 400069

Website

http://www.commextechnology.com

Commex Technology Ltd is a technology and consulting service provider. The company is primarily engaged in the provision of software products and solutions to the capital and commodities markets. In addition, the company provides IT consulting services and solutions. Its services include custom application development, application management, package implementation, onsite consultancy, offshore outsourcing and information technology consulting.

Commex Technology (BOM:532342) Headlines

No Headlines