BLS International Services (BOM:540073) Inventory Turnover : 153.57 (As of Mar. 2024)

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What is BLS International Services 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. BLS International Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,451 Mil. BLS International Services's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹16 Mil. BLS International Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 153.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BLS International Services's Days Inventory for the three months ended in Mar. 2024 was 0.59.

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. BLS International Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

BLS International Services Inventory Turnover Historical Data

The historical data trend for BLS International Services'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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BLS International Services Inventory Turnover Chart

BLS International Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1,849.04

896.42

BLS International Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															551.16	407.67	89.79	97.06	153.57

BLS International Services Inventory Turnover Calculation

BLS International Services'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 )
=	9647.278	/ (	(5.563	+	15.961)	/	2 )
=	9647.278	/	10.762
=	896.42

BLS International Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2451.159	/ (	(0	+	15.961)	/	1 )
=	2451.159	/	15.961
=	153.57

BLS International Services (BOM:540073) 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.

BLS International Services's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	15.961	/	2451.159	*	365 / 4
	=	0.59

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.

BLS International Services's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	15.961	/	4477.067
	=	0.00

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.

BLS International Services Inventory Turnover Related Terms

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BLS International Services (BOM:540073) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BLS International Services Ltd (BOM:540073) » Definitions » Inventory Turnover

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BLS:India

Address

Mathura Road, G-4B-1 Extension, Mohan Co-Operative INDL Estate, New Delhi, IND, 110044

Website

https://www.blsinternational.com

BLS International Services Ltd is a provider of miscellaneous business services in India. These services include outsourcing and administrative tasks, passport and consular services to diplomatic missions across the world. It generates the majority of its revenue from operations rendered to the Middle East. Other regions include India, South Africa, Europe, North America, and Asia-Pacific. The company's businesses include Visa/Passport and OCI Application services, attestation, BLS Visa Consultancy, and BLS Embassy Notification Services.

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