Prospect Consumer Products (BOM:543814) Inventory Turnover : 1.90 (As of Sep. 2024)

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What is Prospect Consumer Products 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. Prospect Consumer Products's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹102.9 Mil. Prospect Consumer Products's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹54.1 Mil. Prospect Consumer Products's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prospect Consumer Products's Days Inventory for the six months ended in Sep. 2024 was 95.94.

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. Prospect Consumer Products's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.41.

Prospect Consumer Products Inventory Turnover Historical Data

The historical data trend for Prospect Consumer Products'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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Prospect Consumer Products Inventory Turnover Chart

Prospect Consumer Products Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

5.58

5.20

Prospect Consumer Products Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial			-	3.26	2.88	1.85	1.90

Prospect Consumer Products Inventory Turnover Calculation

Prospect Consumer Products'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 )
=	189.411	/ (	(17.48	+	55.352)	/	2 )
=	189.411	/	36.416
=	5.20

Prospect Consumer Products'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 )
=	102.913	/ (	(55.352	+	52.855)	/	2 )
=	102.913	/	54.1035
=	1.90

Prospect Consumer Products (BOM:543814) 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.

Prospect Consumer Products'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
	=	54.1035	/	102.913	*	365 / 2
	=	95.94

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.

Prospect Consumer Products'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 )
	=	54.1035	/	131.546
	=	0.41

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.

Prospect Consumer Products Inventory Turnover Related Terms

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Prospect Consumer Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prospect Consumer Products Ltd (BOM:543814) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

417, Sun Orbit Behind Rajpath Club Road, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.prospectcommodities.com

Prospect Consumer Products Ltd formerly Prospect Commodities Ltd is engaged in the cashew trading business. The company is processor, exporter and supplier of Natural Cashew Kernel and many types of Flavoured Cashew Kernel. The products of company include various grades of Cashews largely sold in Gujarat. These cashew grades are based on the size and color of the cashew nuts.

Prospect Consumer Products Headlines

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