Alphalogic Industries (BOM:543937) Inventory Turnover : 4.66 (As of Mar. 2024)

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What is Alphalogic Industries 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. Alphalogic Industries's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹258.8 Mil. Alphalogic Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹55.6 Mil. Alphalogic Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alphalogic Industries's Days Inventory for the six months ended in Mar. 2024 was 39.18.

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. Alphalogic Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

Alphalogic Industries Inventory Turnover Historical Data

The historical data trend for Alphalogic Industries'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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Alphalogic Industries Inventory Turnover Chart

Alphalogic Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

11.20

9.89

11.57

Alphalogic Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	7.23	4.31	4.22	4.66

Alphalogic Industries Inventory Turnover Calculation

Alphalogic Industries'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 )
=	428.067	/ (	(21.515	+	52.504)	/	2 )
=	428.067	/	37.0095
=	11.57

Alphalogic Industries'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	258.847	/ (	(58.629	+	52.504)	/	2 )
=	258.847	/	55.5665
=	4.66

Alphalogic Industries (BOM:543937) 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.

Alphalogic Industries'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
	=	55.5665	/	258.847	*	365 / 2
	=	39.18

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.

Alphalogic Industries'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 )
	=	55.5665	/	278.092
	=	0.20

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.

Alphalogic Industries Inventory Turnover Related Terms

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Alphalogic Industries (BOM:543937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019

Website

https://www.alphalogicindustries.com

Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in the design, manufacturing, supply, and installation of industrial and institutional storage systems that is compactor storage systems, heavy-duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, library stacks, book case, book trolly, periodical display rack, school lockers, book support.

Alphalogic Industries (BOM:543937) Headlines

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