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Mafia Trends (BOM:543613) Inventory Turnover : 0.55 (As of Mar. 2024)


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What is Mafia Trends 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. Mafia Trends's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹49.55 Mil. Mafia Trends's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹90.42 Mil. Mafia Trends's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mafia Trends's Days Inventory for the six months ended in Mar. 2024 was 333.04.

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. Mafia Trends's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.36.

Mafia Trends Inventory Turnover Historical Data

The historical data trend for Mafia Trends'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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Mafia Trends Inventory Turnover Chart

Mafia Trends Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
2.26 0.59 0.67 0.64 0.55

Mafia Trends Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover 2.26 0.59 0.67 0.64 0.55

Mafia Trends Inventory Turnover Calculation

Mafia Trends'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 )
=49.546 / ((86.065 + 94.765) / 2 )
=49.546 / 90.415
=0.55

Mafia Trends'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: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=49.546 / ((86.065 + 94.765) / 2 )
=49.546 / 90.415
=0.55

* 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.

Mafia Trends  (BOM:543613) 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.

Mafia Trends'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
=90.415/49.546*365 / 2
=333.04

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.

Mafia Trends'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 )
=90.415 / 66.306
=1.36

* 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.

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.

Mafia Trends Inventory Turnover Related Terms

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Mafia Trends (BOM:543613) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mafia Trends Ltd (BOM:543613) » Definitions » Inventory Turnover
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BOM:540615 BOM:539661 BOM:540210 XMAD:ITX TJX TSE:9983 LULU ROST LSE:NXT BOM:500251 LSE:JD. BURL HKSE:06110 GPS BOM:543426 TSE:2670 TSE:8227 AEO URBN ANF
Traded in Other Exchanges
N/A
Address
Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015
Website
http://www.mafiastores.com
Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

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