Imagicaaworld Entertainment (BOM:539056) Inventory Turnover : 0.39 (As of Mar. 2024)

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What is Imagicaaworld Entertainment 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. Imagicaaworld Entertainment's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹63 Mil. Imagicaaworld Entertainment's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹160 Mil. Imagicaaworld Entertainment's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imagicaaworld Entertainment's Days Inventory for the three months ended in Mar. 2024 was 232.71.

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. Imagicaaworld Entertainment's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.

Imagicaaworld Entertainment Inventory Turnover Historical Data

The historical data trend for Imagicaaworld Entertainment'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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Imagicaaworld Entertainment Inventory Turnover Chart

Imagicaaworld Entertainment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.23

0.03

-0.24

0.43

1.85

Imagicaaworld Entertainment 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															0.43	0.70	0.27	0.47	0.39

Imagicaaworld Entertainment Inventory Turnover Calculation

Imagicaaworld Entertainment'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 )
=	285.789	/ (	(148.877	+	159.778)	/	2 )
=	285.789	/	154.3275
=	1.85

Imagicaaworld Entertainment'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 )
=	62.653	/ (	(0	+	159.778)	/	1 )
=	62.653	/	159.778
=	0.39

Imagicaaworld Entertainment (BOM:539056) 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.

Imagicaaworld Entertainment'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
	=	159.778	/	62.653	*	365 / 4
	=	232.71

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.

Imagicaaworld Entertainment'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 )
	=	159.778	/	566.303
	=	0.28

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.

Imagicaaworld Entertainment Inventory Turnover Related Terms

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Imagicaaworld Entertainment (BOM:539056) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imagicaaworld Entertainment Ltd (BOM:539056) » Definitions » Inventory Turnover

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IMAGICAA:India

Address

201, 2nd Floor, Landmark Building, Opp. Infimity Mall, New Link Road, Andheri West, Mumbai, MH, IND, 400 053

Website

https://www.imagicaaworld.com

Imagicaaworld Entertainment Ltd is engaged in the business of development and operations of theme-based entertainment destinations in India, including theme parks, water parks, and associated activities including retail merchandising and food and beverages. The company's operating segments include Tickets, Food and Beverage, Merchandise, Rooms, and Other Operations. The tickets segment includes Theme Park, Water Park, and Snow Park Tickets, and the ticket segment generates the majority of revenue.

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