Radhika Jeweltech (BOM:540125) Inventory Turnover : 0.52 (As of Dec. 2024)

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

What is Radhika Jeweltech 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. Radhika Jeweltech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,692 Mil. Radhika Jeweltech's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3,262 Mil. Radhika Jeweltech's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Radhika Jeweltech's Days Inventory for the three months ended in Dec. 2024 was 175.91.

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. Radhika Jeweltech's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.58.

Radhika Jeweltech Inventory Turnover Historical Data

The historical data trend for Radhika Jeweltech'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.

Radhika Jeweltech Inventory Turnover Chart

Radhika Jeweltech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

1.25

0.81

1.25

1.32

1.71

Radhika Jeweltech Quarterly Data
	Sep19	Mar20	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															0.52	0.43	0.23	0.33	0.52

Radhika Jeweltech Inventory Turnover Calculation

Radhika Jeweltech'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 )
=	4532.32	/ (	(2250.824	+	3041.361)	/	2 )
=	4532.32	/	2646.0925
=	1.71

Radhika Jeweltech'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 )
=	1692.322	/ (	(3262.441	+	0)	/	1 )
=	1692.322	/	3262.441
=	0.52

Radhika Jeweltech (BOM:540125) 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.

Radhika Jeweltech'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
	=	3262.441	/	1692.322	*	365 / 4
	=	175.91

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.

Radhika Jeweltech'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 )
	=	3262.441	/	2060.609
	=	1.58

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.

Radhika Jeweltech Inventory Turnover Related Terms

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

Radhika Jeweltech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Radhika Jeweltech Ltd (BOM:540125) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RADHIKAJWE:India

Address

Kalawad Road, Oppsite Swaminarayan Temple Near Mahila College, Rajkot, GJ, IND, 360001

Website

https://www.radhikajeweltech.com

Radhika Jeweltech Ltd is a jewellery retailer. The company is engaged in trading for gold, silver, diamonds, and platinum ornaments. It generates revenue from the sale of Pure Gold and Gold Jewellery, Loose Diamond and Diamond Jewellery and Platinum Jewellery.

Radhika Jeweltech Headlines

No Headlines