City Crops Agro (BOM:544000) Inventory Turnover : 2.35 (As of Sep. 2024)

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What is City Crops Agro 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. City Crops Agro's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹206.3 Mil. City Crops Agro's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹87.8 Mil. City Crops Agro's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. City Crops Agro's Days Inventory for the six months ended in Sep. 2024 was 77.70.

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. City Crops Agro's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.39.

City Crops Agro Inventory Turnover Historical Data

The historical data trend for City Crops Agro'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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City Crops Agro Inventory Turnover Chart

City Crops Agro Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

20.99

7.79

City Crops Agro Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial			-	13.05	8.23	4.05	2.35

City Crops Agro Inventory Turnover Calculation

City Crops Agro'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 )
=	421.959	/ (	(10.882	+	97.422)	/	2 )
=	421.959	/	54.152
=	7.79

City Crops Agro'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 )
=	206.257	/ (	(97.422	+	78.196)	/	2 )
=	206.257	/	87.809
=	2.35

City Crops Agro (BOM:544000) 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.

City Crops Agro'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
	=	87.809	/	206.257	*	365 / 2
	=	77.70

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.

City Crops Agro'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 )
	=	87.809	/	222.42
	=	0.39

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.

City Crops Agro Inventory Turnover Related Terms

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City Crops Agro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » City Crops Agro Ltd (BOM:544000) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

513 - Spg Echelon, Nr. Indraprasth Flats, Makarba, Ahmedabad, GJ, IND, 380053

Website

https://www.citycropagro.in

City Crops Agro Ltd is engaged in the business of trading of products like seeds, and agricultural produces mainly Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. It has an integrated online platform that includes products such as cereals, oil seeds, pulses, and vegetables. The company is also engaged in contract manufacturing for agricultural produce such as Cucumber, Onion and Castor.

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