TARC (BOM:543249) Inventory Turnover : -0.01 (As of Sep. 2023)

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What is TARC 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. TARC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹-85 Mil. TARC's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹12,234 Mil. TARC's Inventory Turnover for the quarter that ended in Sep. 2023 was -0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. TARC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 41.16.

TARC Inventory Turnover Historical Data

The historical data trend for TARC'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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TARC Inventory Turnover Chart

TARC Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

0.11

0.20

0.29

0.15

TARC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial											0.01	-0.05	0.17	0.01	-0.01

TARC Inventory Turnover Calculation

TARC's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1678.117	/ (	(10652.28	+	11061.958)	/	2 )
=	1678.117	/	10857.119
=	0.15

TARC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	-85.03	/ (	(0	+	12233.501)	/	1 )
=	-85.03	/	12233.501
=	-0.01

TARC (BOM:543249) 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.

TARC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	12233.501	/	-85.03	*	365 / 4
	=

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.

TARC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	12233.501	/	297.206
	=	41.16

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.

TARC Inventory Turnover Related Terms

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TARC (BOM:543249) Business Description

Industry

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Traded in Other Exchanges

TARC:India

Address

Katwaria Sarai, 2nd Floor, C-3, Qutab Institutional Area, New Delhi, IND, 110016

Website

https://www.tarc.in

TARC Ltd operates in the real estate industry. The company is engaged in the business of developing and constructing information and technology parks, hospitality projects, special economic zones, office complexes, shopping malls and residential projects in the State of Delhi, Haryana, Rajasthan and the National Capital Region.

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