JMJ Fintech (BOM:538834) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is JMJ Fintech 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. JMJ Fintech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹12.8 Mil. JMJ Fintech's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JMJ Fintech's Days Inventory for the three months ended in Dec. 2024 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. JMJ Fintech's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

JMJ Fintech Inventory Turnover Historical Data

The historical data trend for JMJ Fintech'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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JMJ Fintech Inventory Turnover Chart

JMJ Fintech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.77

1.14

1.08

10.38

JMJ Fintech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

JMJ Fintech Inventory Turnover Calculation

JMJ Fintech'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 )
=	17.507	/ (	(0	+	0)	/	1 )
=	17.507	/	0
=	N/A

JMJ Fintech's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	12.757	/ (	(0	+	0)	/	1 )
=	12.757	/	0
=	N/A

JMJ Fintech (BOM:538834) 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.

JMJ Fintech's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	12.757	*	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.

JMJ Fintech's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	35.773
	=	0.00

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.

JMJ Fintech Inventory Turnover Related Terms

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JMJ Fintech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » JMJ Fintech Ltd (BOM:538834) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Gopalsamy Temple Street, Shop No 3, 1st Floor, Adhi Vinayaka Complex, No 3 Bus stand, Coimbatore, TN, IND, 641006

Website

https://jmjfintechltd.com

JMJ Fintech Ltd is an Indian non-banking finance company. The company is engaged in non-banking financial activities and investment/trading in shares and securities. It also lends money, provides loans to both corporate clients and high net worth individuals. The business also finances the small and medium-sized enterprise (SME) sector for growth. It acts as a consultant to the organizations for raising funds, including capital either through an initial public offering or private equity/venture funds. It serves as a management consultant relating to the merger, amalgamation, acquisitions and valuation.

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