POWERGRID Infrastructure Investment Trust (BOM:543290) Inventory Turnover : 0.24 (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust 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. POWERGRID Infrastructure Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2023 was ₹73 Mil. POWERGRID Infrastructure Investment Trust's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹308 Mil. POWERGRID Infrastructure Investment Trust's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. POWERGRID Infrastructure Investment Trust's Days Inventory for the three months ended in Mar. 2023 was 385.77.

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. POWERGRID Infrastructure Investment Trust's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.10.

POWERGRID Infrastructure Investment Trust Inventory Turnover Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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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POWERGRID Infrastructure Investment Trust Inventory Turnover Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

Inventory Turnover

0.88

0.97

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial							0.24	0.24	-	-	0.24

POWERGRID Infrastructure Investment Trust Inventory Turnover Calculation

POWERGRID Infrastructure Investment Trust'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 )
=	300.05	/ (	(308.28	+	308.15)	/	2 )
=	300.05	/	308.215
=	0.97

POWERGRID Infrastructure Investment Trust's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	72.89	/ (	(0	+	308.15)	/	1 )
=	72.89	/	308.15
=	0.24

POWERGRID Infrastructure Investment Trust (BOM:543290) 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.

POWERGRID Infrastructure Investment Trust's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	308.15	/	72.89	*	365 / 4
	=	385.77

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.

POWERGRID Infrastructure Investment Trust's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	308.15	/	3171.44
	=	0.10

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.

POWERGRID Infrastructure Investment Trust Inventory Turnover Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » POWERGRID Infrastructure Investment Trust (BOM:543290) » Definitions » Inventory Turnover

Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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