Dhyaani Tradeventtures (BOM:543516) Inventory Turnover : 15.99 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Dhyaani Tradeventtures 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. Dhyaani Tradeventtures's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹33.0 Mil. Dhyaani Tradeventtures's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹2.1 Mil. Dhyaani Tradeventtures's Inventory Turnover for the quarter that ended in Sep. 2024 was 15.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dhyaani Tradeventtures's Days Inventory for the six months ended in Sep. 2024 was 11.41.

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. Dhyaani Tradeventtures's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.

Dhyaani Tradeventtures Inventory Turnover Historical Data

The historical data trend for Dhyaani Tradeventtures'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.

* Premium members only.

Dhyaani Tradeventtures Inventory Turnover Chart

Dhyaani Tradeventtures Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

38.63

77.93

87.28

39.69

134.60

Dhyaani Tradeventtures Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial					23.99	16.64	47.54	87.07	15.99

Dhyaani Tradeventtures Inventory Turnover Calculation

Dhyaani Tradeventtures'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 )
=	277.418	/ (	(2.061	+	2.061)	/	2 )
=	277.418	/	2.061
=	134.60

Dhyaani Tradeventtures's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	32.952	/ (	(2.061	+	2.061)	/	2 )
=	32.952	/	2.061
=	15.99

Dhyaani Tradeventtures (BOM:543516) 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.

Dhyaani Tradeventtures's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2.061	/	32.952	*	365 / 2
	=	11.41

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.

Dhyaani Tradeventtures's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2.061	/	108.154
	=	0.02

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.

Dhyaani Tradeventtures Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Dhyaani Tradeventtures's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Dhyaani Tradeventtures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Dhyaani Tradeventtures Ltd (BOM:543516) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thaltej-Shilaj Road, 420, Times Square Arcade, Opposite Rambaug, Near Rajiv Plaza, Ahmedabad, GJ, IND, 380059

Website

http://www.dhyaaniinc.com

Dhyaani Tradeventtures Ltd is engaged in dealing in all kinds of agri-inputs and commodities, like wheat, different varieties of rice, moong, tuver, rajma, etc. The company also engages in the trading business of commodities.

Dhyaani Tradeventtures Headlines

No Headlines