Sonal Mercantile (BOM:538943) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Sonal Mercantile 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. Sonal Mercantile's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹50.8 Mil. Sonal Mercantile's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

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

Sonal Mercantile Inventory Turnover Historical Data

The historical data trend for Sonal Mercantile'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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Sonal Mercantile Inventory Turnover Chart

Sonal Mercantile Annual Data

Trend

Mar15

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Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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Sonal Mercantile 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															-	-	-	-	-

Sonal Mercantile Inventory Turnover Calculation

Sonal Mercantile'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 )
=	235.607	/ (	(0	+	0)	/	1 )
=	235.607	/	0
=	N/A

Sonal Mercantile'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 )
=	50.821	/ (	(0	+	0)	/	1 )
=	50.821	/	0
=	N/A

Sonal Mercantile (BOM:538943) 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.

Sonal Mercantile'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
	=	0	/	50.821	*	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.

Sonal Mercantile'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 )
	=	0	/	102.642
	=	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.

Sonal Mercantile Inventory Turnover Related Terms

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Sonal Mercantile (BOM:538943) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sonal Mercantile Ltd (BOM:538943) » Definitions » Inventory Turnover

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Address

365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi, IND, 110085

Website

https://www.sonalmercantile.in

Sonal Mercantile Ltd is an India-based non-banking financial company. It is engaged in providing secured and unsecured loans and advances and is also involved in investing in quoted and unquoted securities in the stock and commodity markets. The company offers inter-corporate loans, personal loans, long-term and short-term loans, Trade financing, Bills Discounting, Project Appraisal, Loans against Guarantees, and Properties.

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