Shanti Educational Initiatives (BOM:539921) Inventory Turnover : 9.97 (As of Dec. 2024)

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What is Shanti Educational Initiatives 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. Shanti Educational Initiatives's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹136.9 Mil. Shanti Educational Initiatives's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹13.7 Mil. Shanti Educational Initiatives's Inventory Turnover for the quarter that ended in Dec. 2024 was 9.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanti Educational Initiatives's Days Inventory for the three months ended in Dec. 2024 was 9.15.

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. Shanti Educational Initiatives's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.07.

Shanti Educational Initiatives Inventory Turnover Historical Data

The historical data trend for Shanti Educational Initiatives'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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Shanti Educational Initiatives Inventory Turnover Chart

Shanti Educational Initiatives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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6.27

0.64

0.98

3.87

4.66

Shanti Educational Initiatives 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															1.18	0.97	1.72	3.06	9.97

Shanti Educational Initiatives Inventory Turnover Calculation

Shanti Educational Initiatives'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 )
=	79.678	/ (	(15.247	+	18.916)	/	2 )
=	79.678	/	17.0815
=	4.66

Shanti Educational Initiatives'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 )
=	136.944	/ (	(13.734	+	0)	/	1 )
=	136.944	/	13.734
=	9.97

Shanti Educational Initiatives (BOM:539921) 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.

Shanti Educational Initiatives'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
	=	13.734	/	136.944	*	365 / 4
	=	9.15

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.

Shanti Educational Initiatives'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 )
	=	13.734	/	205.491
	=	0.07

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.

Shanti Educational Initiatives Inventory Turnover Related Terms

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Shanti Educational Initiatives Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shanti Educational Initiatives Ltd (BOM:539921) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Bopal-Ambli Road, Shanti Corporate House, Near Hirarupa Banquet Hall, Opposite Landmark Hotel, Ahmedabad, GJ, IND, 380058

Website

http://www.seil.edu.in

Shanti Educational Initiatives Ltd is a school management solutions provider and education company. Its educational units include Shanti Asiatic schools, Shanti juniors, Shanti hopskotch, and Shanti business schools. The company services include infrastructure setup support, campus layout plan, building school governance manuals, complete administration of the school, marketing and branding, manpower mapping and resource planning, budgeting, and business and financial models. Its revenue comes from the sale of Services, Training Income, Education Services, and Franchisee Income.

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