B-Right Realestate (BOM:543543) Inventory Turnover : 0.18 (As of Sep. 2024)

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What is B-Right Realestate 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. B-Right Realestate's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹329.9 Mil. B-Right Realestate's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹1,822.7 Mil. B-Right Realestate's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. B-Right Realestate's Days Inventory for the six months ended in Sep. 2024 was 1,008.21.

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. B-Right Realestate's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 4.49.

B-Right Realestate Inventory Turnover Historical Data

The historical data trend for B-Right Realestate'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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B-Right Realestate Inventory Turnover Chart

B-Right Realestate Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.20

0.22

B-Right Realestate Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial				0.13	0.10	0.12	0.09	0.18

B-Right Realestate Inventory Turnover Calculation

B-Right Realestate'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 )
=	293.205	/ (	(684.554	+	2017.376)	/	2 )
=	293.205	/	1350.965
=	0.22

B-Right Realestate'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 )
=	329.932	/ (	(2017.376	+	1627.994)	/	2 )
=	329.932	/	1822.685
=	0.18

B-Right Realestate (BOM:543543) 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.

B-Right Realestate'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
	=	1822.685	/	329.932	*	365 / 2
	=	1,008.21

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.

B-Right Realestate'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 )
	=	1822.685	/	406.274
	=	4.49

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.

B-Right Realestate Inventory Turnover Related Terms

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B-Right Realestate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » B-Right Realestate Ltd (BOM:543543) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Rani Sati Marg, Near Western Express Highway, 702, 7th Floor, Shah Trade Centre, Above SBI Bank, Malad East, Mumbai, MH, IND, 400097

Website

https://www.b-rightgroup.com

B-Right Realestate Ltd is an integrated construction and real estate development company, focused on the construction and development of residential and commercial projects, in and around Mumbai. Company projects include Parth Business Plaza, Jaliyan Heights, Parth Residency, and others. The company is operating in a single segment business of Real Estate Developments And Financial Intermediation Services.

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