Shalimar Agencies (BOM:539895) Inventory Turnover : 3.78 (As of Sep. 2024)

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What is Shalimar Agencies 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. Shalimar Agencies's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹116.1 Mil. Shalimar Agencies's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹30.7 Mil. Shalimar Agencies's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shalimar Agencies's Days Inventory for the three months ended in Sep. 2024 was 24.13.

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. Shalimar Agencies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.17.

Shalimar Agencies Inventory Turnover Historical Data

The historical data trend for Shalimar Agencies'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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Shalimar Agencies Inventory Turnover Chart

Shalimar Agencies Annual Data

Trend

Mar15

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Mar17

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Mar19

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Mar24

Inventory Turnover

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Shalimar Agencies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	3.78

Shalimar Agencies Inventory Turnover Calculation

Shalimar Agencies'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 )
=	0.403	/ (	(0	+	0)	/	1 )
=	0.403	/	0
=	N/A

Shalimar Agencies's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	116.133	/ (	(0	+	30.706)	/	1 )
=	116.133	/	30.706
=	3.78

Shalimar Agencies (BOM:539895) 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.

Shalimar Agencies's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	30.706	/	116.133	*	365 / 4
	=	24.13

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.

Shalimar Agencies's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	30.706	/	179.828
	=	0.17

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.

Shalimar Agencies Inventory Turnover Related Terms

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Shalimar Agencies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shalimar Agencies Ltd (BOM:539895) » Definitions » Inventory Turnover

Comparable Companies

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Traded in Other Exchanges

N/A

Address

Software Unit Layout, Cyber Tower Area, Plot No.19, Sanali Spazio, Madhapur, Madhapur Shaikpet, Hyderabad, TG, IND, 500081

Website

https://www.shalimaragencieslimited.com

Shalimar Agencies Ltd is engaged in providing a complete range of IT Services and Solutions. The company provides services that includes software development, maintenance of software/hardware and related services, and sale of software licenses.

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