Blueblood Ventures (BOM:539637) Inventory Turnover : 0.71 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Blueblood Ventures 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. Blueblood Ventures's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹2.31 Mil. Blueblood Ventures's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹3.27 Mil. Blueblood Ventures's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Blueblood Ventures's Days Inventory for the six months ended in Sep. 2023 was 258.11.

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. Blueblood Ventures's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.40.

Blueblood Ventures Inventory Turnover Historical Data

The historical data trend for Blueblood Ventures'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.

* Premium members only.

Blueblood Ventures Inventory Turnover Chart

Blueblood Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

1.17

5.11

0.83

1.97

0.31

Blueblood Ventures Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial												0.65	1.54	0.48	-0.06	0.71

Blueblood Ventures Inventory Turnover Calculation

Blueblood Ventures's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	0.659	/ (	(1.608	+	2.698)	/	2 )
=	0.659	/	2.153
=	0.31

Blueblood Ventures's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	2.31	/ (	(2.698	+	3.836)	/	2 )
=	2.31	/	3.267
=	0.71

Blueblood Ventures (BOM:539637) 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.

Blueblood Ventures's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	3.267	/	2.31	*	365 / 2
	=	258.11

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.

Blueblood Ventures's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	3.267	/	2.329
	=	1.40

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.

Blueblood Ventures Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Blueblood Ventures's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Blueblood Ventures (BOM:539637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Blueblood Ventures Ltd (BOM:539637) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

M Block Market, M-55, Third Floor, Greater Kailash II, New Delhi, IND, 110048

Website

http://www.bluebloodventure.com

Blueblood Ventures Ltd is engaged in the business of equity investment and trading in equity, derivatives, commodities, futures, and options, as well as other financial products. It also provides management and business consultancy. The company receives revenue from the sale of shares, securities, and commodities.

Blueblood Ventures (BOM:539637) Headlines

No Headlines