Gretexorate Services (BOM:543324) Inventory Turnover : 0.92 (As of Dec. 2024)

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What is Gretexorate Services 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. Gretexorate Services's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹741 Mil. Gretexorate Services's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹805 Mil. Gretexorate Services's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gretexorate Services's Days Inventory for the three months ended in Dec. 2024 was 99.06.

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. Gretexorate Services's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.22.

Gretexorate Services Inventory Turnover Historical Data

The historical data trend for Gretexorate Services'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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Gretexorate Services Inventory Turnover Chart

Gretexorate Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.13

Gretexorate Services Quarterly Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial										0.65	0.63	0.49	0.90	0.92

Gretexorate Services Inventory Turnover Calculation

Gretexorate Services'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 )
=	576.328	/ (	(0	+	509.533)	/	1 )
=	576.328	/	509.533
=	1.13

Gretexorate Services'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 )
=	741.07	/ (	(804.529	+	0)	/	1 )
=	741.07	/	804.529
=	0.92

Gretexorate Services (BOM:543324) 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.

Gretexorate Services'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
	=	804.529	/	741.07	*	365 / 4
	=	99.06

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.

Gretexorate Services'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 )
	=	804.529	/	656.979
	=	1.22

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.

Gretexorate Services Inventory Turnover Related Terms

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Gretexorate Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gretex Corporate Services Ltd (BOM:543324) » Definitions » Inventory Turnover

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Address

9-15, Homi Modi Street, Office No. 13, 1st Floor, New Bansilal Building, Near Bombay Stock Exchange, Fort, Mumbai, MH, IND, 400 001

Website

https://www.gretexcorporate.com

Gretex Corporate Services Ltd is engaged in the business of Merchant Banking and acts as an agent of and or dealers in the securities in the course of Merchant Banking Business.

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