Hinduja Global Solutions (BOM:532859) Inventory Turnover : 0.60 (As of Mar. 2024)

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What is Hinduja Global Solutions 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. Hinduja Global Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹100 Mil. Hinduja Global Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹166 Mil. Hinduja Global Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hinduja Global Solutions's Days Inventory for the three months ended in Mar. 2024 was 151.79.

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. Hinduja Global Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Hinduja Global Solutions Inventory Turnover Historical Data

The historical data trend for Hinduja Global Solutions'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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Hinduja Global Solutions Inventory Turnover Chart

Hinduja Global Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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2.38

2.41

Hinduja Global Solutions 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															0.59	0.65	0.53	0.58	0.60

Hinduja Global Solutions Inventory Turnover Calculation

Hinduja Global Solutions'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 )
=	400.882	/ (	(166.613	+	166.448)	/	2 )
=	400.882	/	166.5305
=	2.41

Hinduja Global Solutions'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 )
=	100.065	/ (	(0	+	166.448)	/	1 )
=	100.065	/	166.448
=	0.60

Hinduja Global Solutions (BOM:532859) 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.

Hinduja Global Solutions'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
	=	166.448	/	100.065	*	365 / 4
	=	151.79

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.

Hinduja Global Solutions'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 )
	=	166.448	/	10987.069
	=	0.02

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.

Hinduja Global Solutions Inventory Turnover Related Terms

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Hinduja Global Solutions (BOM:532859) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hinduja Global Solutions Ltd (BOM:532859) » Definitions » Inventory Turnover

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HGS:India

Address

Hosur Road, 1st Floor, Gold Hill Square Software Park, No. 690, Bommanahalli, Bengaluru, KA, IND, 560 068

Website

https://www.hgs.cx

Hinduja Global Solutions Ltd is an Indian-based company, engaged in business process management services. The company offers outsourcing solutions, including back office processing, contact center, customized IT services; and voice and non-voice-related customer contact and business process outsourcing services. It also provides marketing and digital enablement services, including customer experience management, digital enablement, social media engagement, and digital marketing services, as well as consumer interaction services.

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