Wardwizard Foods and Beverages (BOM:539132) Inventory Turnover : 33.78 (As of Dec. 2024)

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What is Wardwizard Foods and Beverages 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. Wardwizard Foods and Beverages's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹470.7 Mil. Wardwizard Foods and Beverages's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹13.9 Mil. Wardwizard Foods and Beverages's Inventory Turnover for the quarter that ended in Dec. 2024 was 33.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wardwizard Foods and Beverages's Days Inventory for the three months ended in Dec. 2024 was 2.70.

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. Wardwizard Foods and Beverages's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Wardwizard Foods and Beverages Inventory Turnover Historical Data

The historical data trend for Wardwizard Foods and Beverages'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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Wardwizard Foods and Beverages Inventory Turnover Chart

Wardwizard Foods and Beverages Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.22

14.54

Wardwizard Foods and Beverages 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															4.07	2.53	0.90	3.25	33.78

Wardwizard Foods and Beverages Inventory Turnover Calculation

Wardwizard Foods and Beverages'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 )
=	194.119	/ (	(11.528	+	15.18)	/	2 )
=	194.119	/	13.354
=	14.54

Wardwizard Foods and Beverages'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 )
=	470.667	/ (	(13.932	+	0)	/	1 )
=	470.667	/	13.932
=	33.78

Wardwizard Foods and Beverages (BOM:539132) 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.

Wardwizard Foods and Beverages'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
	=	13.932	/	470.667	*	365 / 4
	=	2.70

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.

Wardwizard Foods and Beverages'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 )
	=	13.932	/	487.571
	=	0.03

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.

Wardwizard Foods and Beverages Inventory Turnover Related Terms

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Wardwizard Foods and Beverages Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wardwizard Foods and Beverages Ltd (BOM:539132) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

418, GIDC Estate, POR, Ramangamdi, Vadodara, GJ, IND, 391243

Website

https://www.wardwizardfoods.com

Wardwizard Foods and Beverages Ltd manufactures and sells ready-to-eat products and frozen food items, mayonnaise, sauces, and beverages. The company operates in a single segment namely manufacturing in food industries and its activities.

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