Archidply Decor (BOM:543231) Inventory Turnover : 0.36 (As of Mar. 2024)

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What is Archidply Decor 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. Archidply Decor's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹99.2 Mil. Archidply Decor's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹274.1 Mil. Archidply Decor's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Archidply Decor's Days Inventory for the three months ended in Mar. 2024 was 252.22.

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. Archidply Decor's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.85.

Archidply Decor Inventory Turnover Historical Data

The historical data trend for Archidply Decor'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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Archidply Decor Inventory Turnover Chart

Archidply Decor Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.87

0.86

1.24

1.53

1.31

Archidply Decor Quarterly Data
	Mar19	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														0.58	0.24	0.36	0.33	0.36

Archidply Decor Inventory Turnover Calculation

Archidply Decor'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 )
=	325.188	/ (	(221.556	+	274.09)	/	2 )
=	325.188	/	247.823
=	1.31

Archidply Decor'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 )
=	99.164	/ (	(0	+	274.09)	/	1 )
=	99.164	/	274.09
=	0.36

Archidply Decor (BOM:543231) 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.

Archidply Decor'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
	=	274.09	/	99.164	*	365 / 4
	=	252.22

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.

Archidply Decor'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 )
	=	274.09	/	147.864
	=	1.85

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.

Archidply Decor Inventory Turnover Related Terms

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Archidply Decor (BOM:543231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Archidply Decor Ltd (BOM:543231) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ADL:India

Address

Plot no. 7, Sector-9, IIE SIDCUL Pantnagar, Udham Singh Nagar, Rudrapur, UT, IND, 263153

Website

https://www.archidplydecor.com

Archidply Decor Ltd is a provider of decorative and lifestyle interior design products. Its engaged in the business of manufacturing and trading of wood based products which constitutes as its business segment. It delivers premium, high-end products, and services to the residential and hospitality sectors. The products offered by the group include Plywood, Decorative Veneered Doors, Vivant Coating Services, Bon Vivant Decorative Lumber, Solid Wood Flooring, Tabletops, Wall panel, and others.

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