Electronics Mart India (BOM:543626) Inventory Turnover : 1.31 (As of Mar. 2024)

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What is Electronics Mart 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. Electronics Mart India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12,742 Mil. Electronics Mart India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹9,693 Mil. Electronics Mart India's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electronics Mart India's Days Inventory for the three months ended in Mar. 2024 was 69.41.

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. Electronics Mart India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Electronics Mart India Inventory Turnover Historical Data

The historical data trend for Electronics Mart 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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Electronics Mart India Inventory Turnover Chart

Electronics Mart India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

6.73

6.27

6.86

6.78

6.16

Electronics Mart India Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							1.48	1.87	1.51	2.08	1.31

Electronics Mart India Inventory Turnover Calculation

Electronics Mart 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 )
=	53706.7	/ (	(7735.34	+	9692.76)	/	2 )
=	53706.7	/	8714.05
=	6.16

Electronics Mart India'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	12742.22	/ (	(0	+	9692.76)	/	1 )
=	12742.22	/	9692.76
=	1.31

Electronics Mart India (BOM:543626) 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.

Electronics Mart India's Days Inventory for the three 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
	=	9692.76	/	12742.22	*	365 / 4
	=	69.41

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.

Electronics Mart India'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 )
	=	9692.76	/	14944.18
	=	0.65

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.

Electronics Mart India Inventory Turnover Related Terms

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Electronics Mart India (BOM:543626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Electronics Mart India Ltd (BOM:543626) » Definitions » Inventory Turnover

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Traded in Other Exchanges

EMIL:India

Address

Panjgutta Main Road, M. No. 6-3-666/A1 To 7, 3rd & 4th floor, Opposite NIMS Hospital, Hyderabad, TG, IND, 500 082

Website

https://www.electronicsmartindia.com

Electronics Mart India Ltd is a consumer durables and electronics retailer in India. The company offers a diversified range of products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands.

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