Shreeji Translogistics (BOM:540738) Inventory Turnover : 26.90 (As of Dec. 2024)

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What is Shreeji Translogistics 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. Shreeji Translogistics's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹85 Mil. Shreeji Translogistics's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3 Mil. Shreeji Translogistics's Inventory Turnover for the quarter that ended in Dec. 2024 was 26.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shreeji Translogistics's Days Inventory for the three months ended in Dec. 2024 was 3.39.

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. Shreeji Translogistics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Shreeji Translogistics Inventory Turnover Historical Data

The historical data trend for Shreeji Translogistics'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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Shreeji Translogistics Inventory Turnover Chart

Shreeji Translogistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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35.11

22.17

26.15

57.31

894.62

Shreeji Translogistics Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															6.54	671.52	52.33	40.10	26.90

Shreeji Translogistics Inventory Turnover Calculation

Shreeji Translogistics'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 )
=	2276.817	/ (	(2.47	+	2.62)	/	2 )
=	2276.817	/	2.545
=	894.62

Shreeji Translogistics'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 )
=	84.54	/ (	(3.143	+	0)	/	1 )
=	84.54	/	3.143
=	26.90

Shreeji Translogistics (BOM:540738) 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.

Shreeji Translogistics'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
	=	3.143	/	84.54	*	365 / 4
	=	3.39

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.

Shreeji Translogistics'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 )
	=	3.143	/	569.917
	=	0.01

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.

Shreeji Translogistics Inventory Turnover Related Terms

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Shreeji Translogistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shreeji Translogistics Ltd (BOM:540738) » Definitions » Inventory Turnover

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Address

Shreeji Krupa, Plot No. 107, Sector No. 19-C, Vashi, Navi Mumbai, MH, IND, 400 705

Website

https://www.shreejitranslogistics.com

Shreeji Translogistics Ltd is a Pan-India surface logistics and parcel delivery service provider. The company provides various services including full-truckload transport services, parcel, and part truckload services/ less than truckload, import-export services, and bonded trucking services. The company is categorized into segments namely Transportation consists of Road, Rail, Air, and Water-ways, Warehousing consisting of Container Freight Stations, cold storage, and Inland Container Depots, and Value Added Services including Freight Forwarding, Customs Clearing, and Logistics Packaging. The group operates in India.

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