Celebrity Fashions (BOM:532695) Inventory Turnover : 1.76 (As of Mar. 2024)

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What is Celebrity Fashions 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. Celebrity Fashions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹641 Mil. Celebrity Fashions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹365 Mil. Celebrity Fashions's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Celebrity Fashions's Days Inventory for the three months ended in Mar. 2024 was 51.93.

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. Celebrity Fashions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.

Celebrity Fashions Inventory Turnover Historical Data

The historical data trend for Celebrity Fashions'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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Celebrity Fashions Inventory Turnover Chart

Celebrity Fashions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.39

2.55

3.10

2.43

3.12

Celebrity Fashions 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															0.62	0.59	0.60	0.55	1.76

Celebrity Fashions Inventory Turnover Calculation

Celebrity Fashions'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 )
=	2068.1	/ (	(961.1	+	364.9)	/	2 )
=	2068.1	/	663
=	3.12

Celebrity Fashions'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 )
=	641.2	/ (	(0	+	364.9)	/	1 )
=	641.2	/	364.9
=	1.76

Celebrity Fashions (BOM:532695) 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.

Celebrity Fashions'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
	=	364.9	/	641.2	*	365 / 4
	=	51.93

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.

Celebrity Fashions'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 )
	=	364.9	/	944.7
	=	0.39

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.

Celebrity Fashions Inventory Turnover Related Terms

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Celebrity Fashions (BOM:532695) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Celebrity Fashions Ltd (BOM:532695) » Definitions » Inventory Turnover

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CELEBRITY:India

Address

SDF-IV and C2, 3rd Main Road, MEPZ SEZ, Tambaram, Chennai, TN, IND, 600045

Website

https://www.celebritygroup.com

Celebrity Fashions Ltd is a textile garments and clothing accessories manufacturing company. It manufactures and exports garments to the reputed multinational brand. The company sells its products within India and in other International countries. The firm also provides CADD for plaids and prints, trend analysis, and lifestyle presentation services. It generates the majority of its revenue from outside India.

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