Euphoria Infotech (INDIA) (BOM:544094) Inventory Turnover : 0.90 (As of Sep. 2024)

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What is Euphoria Infotech (INDIA) 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. Euphoria Infotech (INDIA)'s Cost of Goods Sold for the six months ended in Sep. 2024 was ₹45.71 Mil. Euphoria Infotech (INDIA)'s Average Total Inventories for the quarter that ended in Sep. 2024 was ₹50.90 Mil. Euphoria Infotech (INDIA)'s Inventory Turnover for the quarter that ended in Sep. 2024 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Euphoria Infotech (INDIA)'s Days Inventory for the six months ended in Sep. 2024 was 203.23.

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. Euphoria Infotech (INDIA)'s Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.73.

Euphoria Infotech (INDIA) Inventory Turnover Historical Data

The historical data trend for Euphoria Infotech (INDIA)'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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Euphoria Infotech (INDIA) Inventory Turnover Chart

Euphoria Infotech (INDIA) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

1.79

1.29

1.70

0.97

Euphoria Infotech (INDIA) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial			-	-	0.80	0.36	0.90

Euphoria Infotech (INDIA) Inventory Turnover Calculation

Euphoria Infotech (INDIA)'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 )
=	30.189	/ (	(20.973	+	41.483)	/	2 )
=	30.189	/	31.228
=	0.97

Euphoria Infotech (INDIA)'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 )
=	45.707	/ (	(41.483	+	60.317)	/	2 )
=	45.707	/	50.9
=	0.90

Euphoria Infotech (INDIA) (BOM:544094) 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.

Euphoria Infotech (INDIA)'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
	=	50.9	/	45.707	*	365 / 2
	=	203.23

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.

Euphoria Infotech (INDIA)'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 )
	=	50.9	/	69.57
	=	0.73

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.

Euphoria Infotech (INDIA) Inventory Turnover Related Terms

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Euphoria Infotech (INDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Euphoria Infotech (INDIA) Ltd (BOM:544094) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor, Sector V, Salt Lake City, Kolkata, WB, IND, 700091

Website

https://www.euphoriainfotech.com

Euphoria Infotech (INDIA) Ltd is an IT and ITes solution company based in Kolkata India. It provides high-end IT and ITes solution in the field of Citizen-Centric Applications, Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Internet of Things (IoT), cloud-based tools and application, data management, etc, and also offers five broad categories namely, customized software, e-commerce, IoT, Artificial Intelligence and Machine Learning. It is also engaged in the business of customized web application development for industry and general citizens. The applications range from Online Recruitment, Online Application, Urban Local Body services, University management system, Online Ticket Booking Systems, E-commerce, etc.

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