Northern Spirits (BOM:542628) Inventory Turnover : 5.98 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Northern Spirits 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. Northern Spirits's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹4,723 Mil. Northern Spirits's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹790 Mil. Northern Spirits's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Spirits's Days Inventory for the three months ended in Dec. 2024 was 15.27.

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. Northern Spirits's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.15.

Northern Spirits Inventory Turnover Historical Data

The historical data trend for Northern Spirits'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.

Northern Spirits Inventory Turnover Chart

Northern Spirits Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

3.52

3.24

5.65

17.69

20.09

Northern Spirits Quarterly Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	5.46	4.78	-	5.98

Northern Spirits Inventory Turnover Calculation

Northern Spirits'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 )
=	11193.746	/ (	(514.869	+	599.715)	/	2 )
=	11193.746	/	557.292
=	20.09

Northern Spirits'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 )
=	4723.221	/ (	(790.195	+	0)	/	1 )
=	4723.221	/	790.195
=	5.98

Northern Spirits (BOM:542628) 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.

Northern Spirits'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
	=	790.195	/	4723.221	*	365 / 4
	=	15.27

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.

Northern Spirits'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 )
	=	790.195	/	5281.654
	=	0.15

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.

Northern Spirits Inventory Turnover Related Terms

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

Northern Spirits Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Northern Spirits Ltd (BOM:542628) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

5-A, Woodburn Park Road, Unit 603, 6th Floor, Woodburn Central, Kolkata, WB, IND, 700020

Website

https://northernspirits.co.in

Northern Spirits Ltd is involved in the import and distribution of wine and spirits business. The company offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka, and others.

Northern Spirits Headlines

No Headlines