Kesar India (BOM:543542) Inventory Turnover : 0.35 (As of Sep. 2023)

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What is Kesar India 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. Kesar India's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹106.3 Mil. Kesar India's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹300.6 Mil. Kesar India's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kesar India's Days Inventory for the six months ended in Sep. 2023 was 515.99.

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. Kesar India's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.41.

Kesar India Inventory Turnover Historical Data

The historical data trend for Kesar India'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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Kesar India Inventory Turnover Chart

Kesar India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.01

-0.08

0.51

1.51

0.53

Kesar India Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					0.08	0.04	0.89	0.35	-

Kesar India Inventory Turnover Calculation

Kesar India'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 )
=	174.141	/ (	(94.886	+	561.859)	/	2 )
=	174.141	/	328.3725
=	0.53

Kesar India's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	106.333	/ (	(94.886	+	506.392)	/	2 )
=	106.333	/	300.639
=	0.35

Kesar India (BOM:543542) 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.

Kesar India's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	300.639	/	106.333	*	365 / 2
	=	515.99

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.

Kesar India's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	300.639	/	212.513
	=	1.41

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.

Kesar India Inventory Turnover Related Terms

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Kesar India (BOM:543542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kesar India Ltd (BOM:543542) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Amravati Road, Flat No. F-101 Jagat Plaza, Law Collage Sqaure, Nagpur, MH, IND, 440010

Website

https://www.kesarlands.com

Kesar India Ltd undertakes real estate development and construction, primarily in the business of developing and constructing Projects such as Residential & Commercial Plotting, residential, commercial and industrial buildings, colonies, mills and factory buildings, workshop buildings.

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