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Robust Hotels (BOM:543901) Inventory Turnover : 10.66 (As of Dec. 2023)


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What is Robust Hotels 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. Robust Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹85.1 Mil. Robust Hotels's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹8.0 Mil. Robust Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Robust Hotels's Days Inventory for the three months ended in Dec. 2023 was 8.56.

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. Robust Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Robust Hotels Inventory Turnover Historical Data

The historical data trend for Robust Hotels'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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Robust Hotels Inventory Turnover Chart

Robust Hotels Annual Data
Trend Mar21 Mar22
Inventory Turnover
8.88 9.88

Robust Hotels Quarterly Data
Mar21 Mar22 Sep22 Dec22 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial 3.83 8.01 8.03 8.89 10.66

Robust Hotels Inventory Turnover Calculation

Robust Hotels's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Inventory Turnover (A: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2022 ) / ((Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count )
=162.128 / ((12.75 + 20.062) / 2 )
=162.128 / 16.406
=9.88

Robust Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=85.065 / ((7.982 + 0) / 1 )
=85.065 / 7.982
=10.66

* 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.


Robust Hotels  (BOM:543901) 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.

Robust Hotels's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=7.982/85.065*365 / 4
=8.56

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.

Robust Hotels's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7.982 / 315.651
=0.03

* 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.


Robust Hotels Inventory Turnover Related Terms

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Robust Hotels (BOM:543901) Business Description

Traded in Other Exchanges
Address
365, Anna Salai, Teynampet, Chennai, TN, IND, 600018
Robust Hotels Ltd operates hotels in Chennai. The company operates the Hyatt Regency hotel in Chennai.

Robust Hotels (BOM:543901) Headlines

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