Suyog Gurbaxani Funicular Ropeways (BOM:543391) Inventory Turnover : 3.10 (As of Mar. 2024)

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What is Suyog Gurbaxani Funicular Ropeways 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. Suyog Gurbaxani Funicular Ropeways's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹407.9 Mil. Suyog Gurbaxani Funicular Ropeways's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹131.7 Mil. Suyog Gurbaxani Funicular Ropeways's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suyog Gurbaxani Funicular Ropeways's Days Inventory for the six months ended in Mar. 2024 was 58.95.

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. Suyog Gurbaxani Funicular Ropeways's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Suyog Gurbaxani Funicular Ropeways Inventory Turnover Historical Data

The historical data trend for Suyog Gurbaxani Funicular Ropeways'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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Suyog Gurbaxani Funicular Ropeways Inventory Turnover Chart

Suyog Gurbaxani Funicular Ropeways Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.10

1.15

0.76

-1.46

4.79

Suyog Gurbaxani Funicular Ropeways Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-1.46	-1.06	3.10

Suyog Gurbaxani Funicular Ropeways Inventory Turnover Calculation

Suyog Gurbaxani Funicular Ropeways'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 )
=	247.958	/ (	(70.559	+	32.997)	/	2 )
=	247.958	/	51.778
=	4.79

Suyog Gurbaxani Funicular Ropeways'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	407.884	/ (	(230.486	+	32.997)	/	2 )
=	407.884	/	131.7415
=	3.10

Suyog Gurbaxani Funicular Ropeways (BOM:543391) 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.

Suyog Gurbaxani Funicular Ropeways's Days Inventory for the six 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
	=	131.7415	/	407.884	*	365 / 2
	=	58.95

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.

Suyog Gurbaxani Funicular Ropeways'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 )
	=	131.7415	/	520.208
	=	0.25

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.

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Suyog Gurbaxani Funicular Ropeways Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Suyog Gurbaxani Funicular Ropeways Ltd (BOM:543391) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

LBS Marg, 18, Suyog Industrial Estate, 1st Floor, Vikhroli (West), Mumbai, MH, IND, 400083

Website

https://www.sgfrl.com

Suyog Gurbaxani Funicular Ropeways Ltd is an infrastructure development and construction company engaged in building and operating the Funicular Ropeways Systems. The company has carried on the business of the work to design, engineer, procure, finance, construct, operate, and maintain Funicular Ropeway on a Build, Operate & Transfer (BOT) basis at Saptashrungi Gad, Vani, Kalwan, Nashik, and to charge and collect the toll fees. The majority of revenue is generated from the Toll Collection Fees segment.

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