Ambo Agritec (BOM:543678) Inventory Turnover : 2.07 (As of Sep. 2023)

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What is Ambo Agritec 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. Ambo Agritec's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹372.5 Mil. Ambo Agritec's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹180.0 Mil. Ambo Agritec's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ambo Agritec's Days Inventory for the six months ended in Sep. 2023 was 88.18.

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. Ambo Agritec's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.43.

Ambo Agritec Inventory Turnover Historical Data

The historical data trend for Ambo Agritec'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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Ambo Agritec Inventory Turnover Chart

Ambo Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

7.20

4.44

7.55

5.30

Ambo Agritec Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23
Inventory Turnover	-	-	-	-	2.07

Ambo Agritec Inventory Turnover Calculation

Ambo Agritec's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	750.998	/ (	(134.827	+	148.41)	/	2 )
=	750.998	/	141.6185
=	5.30

Ambo Agritec'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 )
=	372.506	/ (	(148.41	+	211.567)	/	2 )
=	372.506	/	179.9885
=	2.07

Ambo Agritec (BOM:543678) 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.

Ambo Agritec'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
	=	179.9885	/	372.506	*	365 / 2
	=	88.18

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.

Ambo Agritec'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 )
	=	179.9885	/	418.586
	=	0.43

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.

Ambo Agritec Inventory Turnover Related Terms

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Ambo Agritec (BOM:543678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ambo Agritec Ltd (BOM:543678) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.amboagritec.com

Ambo Agritec Ltd is primarily engaged in the business of manufacturing biscuits, outsourced manufacturing of edible oils, vanaspati, and bengali speciality products. In addition to this, the company is also engaged in trading crude linseed oil, and soya bean meal.

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