AGS Transact Technologies (BOM:543451) Inventory Turnover : 0.90 (As of Dec. 2024)

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What is AGS Transact Technologies 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. AGS Transact Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹579 Mil. AGS Transact Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹644 Mil. AGS Transact Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AGS Transact Technologies's Days Inventory for the three months ended in Dec. 2024 was 101.49.

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. AGS Transact Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.

AGS Transact Technologies Inventory Turnover Historical Data

The historical data trend for AGS Transact Technologies'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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AGS Transact Technologies Inventory Turnover Chart

AGS Transact Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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5.88

7.54

7.38

6.29

4.44

AGS Transact Technologies Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial													1.27	1.14	0.91	1.36	0.90

AGS Transact Technologies Inventory Turnover Calculation

AGS Transact Technologies'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 )
=	3592.19	/ (	(740.3	+	879.14)	/	2 )
=	3592.19	/	809.72
=	4.44

AGS Transact Technologies'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 )
=	578.74	/ (	(643.71	+	0)	/	1 )
=	578.74	/	643.71
=	0.90

AGS Transact Technologies (BOM:543451) 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.

AGS Transact Technologies'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
	=	643.71	/	578.74	*	365 / 4
	=	101.49

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.

AGS Transact Technologies'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 )
	=	643.71	/	2095.95
	=	0.31

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.

AGS Transact Technologies Inventory Turnover Related Terms

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AGS Transact Technologies Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » AGS Transact Technologies Ltd (BOM:543451) » Definitions » Inventory Turnover

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AGSTRA:India

Address

Senapati Bapat Marg, 14th Floor, Tower 3, One International Center, Prabhadevi (West), Mumbai, MH, IND, 400013

Website

https://www.agsindia.com

AGS Transact Technologies Ltd is an integrated omni-channel payment solutions provider in India in terms of providing digital and cash-based solutions to banks and corporate clients. It provides customized products and services comprising ATM and Cash Recycler Machines outsourcing, cash management, and digital payment solutions including merchant solutions, transaction processing services, and mobile wallets. The company's operating segments include Payment Solutions, Banking Automation Solutions, and Other Automation Solutions. It generates the majority of its revenue from the Payment Solutions segment.

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