Easy Trip Planners (BOM:543272) Inventory Turnover : 24.12 (As of Dec. 2023)

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What is Easy Trip Planners 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. Easy Trip Planners's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹171 Mil. Easy Trip Planners's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹7 Mil. Easy Trip Planners's Inventory Turnover for the quarter that ended in Dec. 2023 was 24.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Easy Trip Planners's Days Inventory for the three months ended in Dec. 2023 was 3.78.

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. Easy Trip Planners's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Easy Trip Planners Inventory Turnover Historical Data

The historical data trend for Easy Trip Planners'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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Easy Trip Planners Inventory Turnover Chart

Easy Trip Planners Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

0.53

25.17

Easy Trip Planners Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											26.68	0.97	11.80	15.69	24.12

Easy Trip Planners Inventory Turnover Calculation

Easy Trip Planners'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 )
=	116.53	/ (	(2.62	+	6.64)	/	2 )
=	116.53	/	4.63
=	25.17

Easy Trip Planners's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	171.01	/ (	(7.09	+	0)	/	1 )
=	171.01	/	7.09
=	24.12

Easy Trip Planners (BOM:543272) 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.

Easy Trip Planners's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	7.09	/	171.01	*	365 / 4
	=	3.78

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.

Easy Trip Planners's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	7.09	/	1607.87
	=	0.00

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.

Easy Trip Planners Inventory Turnover Related Terms

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Easy Trip Planners (BOM:543272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Easy Trip Planners Ltd (BOM:543272) » Definitions » Inventory Turnover

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Traded in Other Exchanges

EASEMYTRIP:India

Address

FIE Patparganj Industrial Area, Building No. 223, East Delhi, Delhi, IND, 110 092

Website

https://www.easemytrip.com

Easy Trip Planners Ltd operates as an online travel agency in India. It offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services such as travel insurance. Easy Trip offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app.

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