Remedium Lifecare (BOM:539561) Inventory Turnover : 0.13 (As of Dec. 2024)

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What is Remedium Lifecare 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. Remedium Lifecare's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹404 Mil. Remedium Lifecare's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3,038 Mil. Remedium Lifecare's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Remedium Lifecare's Days Inventory for the three months ended in Dec. 2024 was 685.54.

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. Remedium Lifecare's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 7.96.

Remedium Lifecare Inventory Turnover Historical Data

The historical data trend for Remedium Lifecare'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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Remedium Lifecare Inventory Turnover Chart

Remedium Lifecare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.79

46.16

11.46

10.83

56.94

Remedium Lifecare 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															45.22	10.82	0.57	0.06	0.13

Remedium Lifecare Inventory Turnover Calculation

Remedium Lifecare'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 )
=	40013.753	/ (	(73.209	+	1332.306)	/	2 )
=	40013.753	/	702.7575
=	56.94

Remedium Lifecare'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 )
=	404.338	/ (	(3037.705	+	0)	/	1 )
=	404.338	/	3037.705
=	0.13

Remedium Lifecare (BOM:539561) 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.

Remedium Lifecare'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
	=	3037.705	/	404.338	*	365 / 4
	=	685.54

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.

Remedium Lifecare'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 )
	=	3037.705	/	381.508
	=	7.96

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.

Remedium Lifecare Inventory Turnover Related Terms

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Remedium Lifecare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Remedium Lifecare Ltd (BOM:539561) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Saugbaug Road, Office No. 9, Behind Ravi Vihar Hotel, K Raheja Prime, Marol Industrial Estate, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.remlife.com

Remedium Lifecare Ltd is engaged in the business of trading in API Intermediates (KSMs & CRMs) and various other raw materials used in API trading viz. Iso propyl Alcohol (IPA), Cyclohexane, DI Iso Propyl Amine (DIPA), Ethyl Acetate, Hydrazine Hydrate, Iso propyl Alcohol (IPA), Methylene Di Chloride, Potassium Carbonate Powder, Sodium Bi-Carbonate, Potassium Hydroxide Flakes, Sodium Chloride (Common Salt), Sodium Carbonate (SODA ASH), Amino isophthalic Acid, Tellurium(IV) Oxide, Grignard Reagent, Iodine, Selenium Metal Powder, Trimethyl Sulfoxonium Iodide (TMSI).

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