Asian Hotels (West) (BOM:533221) Inventory Turnover : 2.01 (As of Dec. 2020)

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What is Asian Hotels (West) 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. Asian Hotels (West)'s Cost of Goods Sold for the three months ended in Dec. 2020 was ₹151 Mil. Asian Hotels (West)'s Average Total Inventories for the quarter that ended in Dec. 2020 was ₹75 Mil. Asian Hotels (West)'s Inventory Turnover for the quarter that ended in Dec. 2020 was 2.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asian Hotels (West)'s Days Inventory for the three months ended in Dec. 2020 was 45.36.

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. Asian Hotels (West)'s Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.22.

Asian Hotels (West) Inventory Turnover Historical Data

The historical data trend for Asian Hotels (West)'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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Asian Hotels (West) Inventory Turnover Chart

Asian Hotels (West) Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Inventory Turnover

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13.81

12.37

14.07

14.81

14.52

Asian Hotels (West) Quarterly Data
	Jun13	Mar14	Mar15	Mar16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Inventory Turnover	Get a 7-Day Free Trial															4.10	3.28	1.58	1.52	2.01

Asian Hotels (West) Inventory Turnover Calculation

Asian Hotels (West)'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 )
=	1214.503	/ (	(86.911	+	80.336)	/	2 )
=	1214.503	/	83.6235
=	14.52

Asian Hotels (West)'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 )
=	150.61	/ (	(74.863	+	0)	/	1 )
=	150.61	/	74.863
=	2.01

Asian Hotels (West) (BOM:533221) 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.

Asian Hotels (West)'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
	=	74.863	/	150.61	*	365 / 4
	=	45.36

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.

Asian Hotels (West)'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 )
	=	74.863	/	338.866
	=	0.22

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.

Asian Hotels (West) Inventory Turnover Related Terms

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Asian Hotels (West) (BOM:533221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asian Hotels (West) Ltd (BOM:533221) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aria Tower, J.W Marriott, 6th Floor, New Delhi Aero City, Asset Area 4, Hospitality District, Near IGI Airport, New Delhi, IND, 110037

Website

http://www.asianhotelswest.com

Asian Hotels (West) Ltd is an Indian-based company involved in hotel business sector. The company operates in one business segment that is Hotel Business. Their property consists of Hotel Hyatt Regency in Mumbai and JW Marriott Hotel in New Delhi. The company offers Rooms, Wines and Liquor, Food, Beverages, Smokes, and Banquets out of which sale of rooms generate maximum revenue for the company. They also offer ayurvedic services, body scrubs, and eye treatment in their hotels.

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