Future Supply Chain Solutions (BOM:540798) Inventory Turnover : 33.67 (As of Jun. 2022)

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What is Future Supply Chain Solutions 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. Future Supply Chain Solutions's Cost of Goods Sold for the three months ended in Jun. 2022 was ₹744 Mil. Future Supply Chain Solutions's Average Total Inventories for the quarter that ended in Jun. 2022 was ₹22 Mil. Future Supply Chain Solutions's Inventory Turnover for the quarter that ended in Jun. 2022 was 33.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Future Supply Chain Solutions's Days Inventory for the three months ended in Jun. 2022 was 2.71.

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. Future Supply Chain Solutions's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.03.

Future Supply Chain Solutions Inventory Turnover Historical Data

The historical data trend for Future Supply Chain Solutions'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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Future Supply Chain Solutions Inventory Turnover Chart

Future Supply Chain Solutions Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Inventory Turnover

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188.26

209.66

176.17

247.82

Future Supply Chain Solutions Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial															59.58	51.99	51.47	49.43	33.67

Future Supply Chain Solutions Inventory Turnover Calculation

Future Supply Chain Solutions's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	5669.909	/ (	(23.668	+	22.091)	/	2 )
=	5669.909	/	22.8795
=	247.82

Future Supply Chain Solutions's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	743.867	/ (	(22.091	+	0)	/	1 )
=	743.867	/	22.091
=	33.67

Future Supply Chain Solutions (BOM:540798) 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.

Future Supply Chain Solutions's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	22.091	/	743.867	*	365 / 4
	=	2.71

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.

Future Supply Chain Solutions's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	22.091	/	670.361
	=	0.03

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.

Future Supply Chain Solutions Inventory Turnover Related Terms

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Future Supply Chain Solutions (BOM:540798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Future Supply Chain Solutions Ltd (BOM:540798) » Definitions » Inventory Turnover

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Address

Western Express Highway, 3rd Floor, 349 Business Point, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.futuresupplychains.com

Future Supply Chain Solutions Ltd is an India based supply chain and logistics service provider. The company offers automated and IT-enabled warehousing, distribution and other logistics solutions. It serves various sectors such as retail, fashion and apparel, automotive and engineering, food and beverage, fast-moving consumer goods (FMCG), e-commerce, healthcare, electronics and technology, home and furniture and ATMs. The company focuses on areas that include Contract Logistics, Express Logistics, and Temperature-Controlled Logistics.

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