Bhanderi Infracon (BOM:538576) Inventory Turnover : 0.07 (As of Mar. 2024)

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What is Bhanderi Infracon 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. Bhanderi Infracon's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹21.95 Mil. Bhanderi Infracon's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹311.16 Mil. Bhanderi Infracon's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bhanderi Infracon's Days Inventory for the six months ended in Mar. 2024 was 2,587.46.

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. Bhanderi Infracon's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 10.20.

Bhanderi Infracon Inventory Turnover Historical Data

The historical data trend for Bhanderi Infracon'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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Bhanderi Infracon Inventory Turnover Chart

Bhanderi Infracon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.19

0.16

0.22

0.20

0.06

Bhanderi Infracon Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.20	0.04	0.17	-	0.07

Bhanderi Infracon Inventory Turnover Calculation

Bhanderi Infracon'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 )
=	21.947	/ (	(345.4	+	384.441)	/	2 )
=	21.947	/	364.9205
=	0.06

Bhanderi Infracon'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	21.947	/ (	(237.882	+	384.441)	/	2 )
=	21.947	/	311.1615
=	0.07

Bhanderi Infracon (BOM:538576) 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.

Bhanderi Infracon's Days Inventory for the six 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
	=	311.1615	/	21.947	*	365 / 2
	=	2,587.46

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.

Bhanderi Infracon'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 )
	=	311.1615	/	30.507
	=	10.20

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.

Bhanderi Infracon Inventory Turnover Related Terms

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Bhanderi Infracon (BOM:538576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bhanderi Infracon Ltd (BOM:538576) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

B/12, Jabuka Complex, Near Bajrang Ashram, Below Vikas School, NH-8, Thakkar Bapanagar, Ahmedabad, GJ, IND, 382350

Website

https://www.bhanderiinfracon.com

Bhanderi Infracon Ltd is a real estate development company. The company is engaged in the development of residential flats and bungalows under partnership firms. It offers services to residential, industrial, and commercial sectors. In the industrial sector, it provides services consisting of the construction of factories, sheds, and workshops. It operates in Real Estate and Trading in Grocery segments.

Bhanderi Infracon (BOM:538576) Headlines

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