Gconnect Logitech and Supply Chain (BOM:544156) Inventory Turnover : 4.93 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Gconnect Logitech and Supply Chain 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. Gconnect Logitech and Supply Chain's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹18.92 Mil. Gconnect Logitech and Supply Chain's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹3.84 Mil. Gconnect Logitech and Supply Chain's Inventory Turnover for the quarter that ended in Sep. 2024 was 4.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gconnect Logitech and Supply Chain's Days Inventory for the six months ended in Sep. 2024 was 37.03.

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. Gconnect Logitech and Supply Chain's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.15.

Gconnect Logitech and Supply Chain Inventory Turnover Historical Data

The historical data trend for Gconnect Logitech and Supply Chain'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.

* Premium members only.

Gconnect Logitech and Supply Chain Inventory Turnover Chart

Gconnect Logitech and Supply Chain Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

44.11

27.32

23.97

5.67

Gconnect Logitech and Supply Chain Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Sep24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	7.60	4.93

Gconnect Logitech and Supply Chain Inventory Turnover Calculation

Gconnect Logitech and Supply Chain's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	8.382	/ (	(1.104	+	1.852)	/	2 )
=	8.382	/	1.478
=	5.67

Gconnect Logitech and Supply Chain'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: Sep. 2023 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	18.92	/ (	(2.565	+	5.113)	/	2 )
=	18.92	/	3.839
=	4.93

Gconnect Logitech and Supply Chain (BOM:544156) 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.

Gconnect Logitech and Supply Chain'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
	=	3.839	/	18.92	*	365 / 2
	=	37.03

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.

Gconnect Logitech and Supply Chain'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 )
	=	3.839	/	25.271
	=	0.15

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.

Gconnect Logitech and Supply Chain Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Gconnect Logitech and Supply Chain's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Gconnect Logitech and Supply Chain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gconnect Logitech and Supply Chain Ltd (BOM:544156) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shop No. 6, Sadguru Complex, Nari Chowkadina, Bhavnagar, GJ, IND, 364001

Website

https://www.gconnectlogitech.com

Gconnect Logitech and Supply Chain Ltd is engaged in the business of providing surface logistics services viz. goods transport services. Its services include bulk load, Full Truck Load (FTL) service, and dedicated load. Under bulk load, it offers bulk transportation service to large-sized companies through their transport contractors, Full Truck Load (FTL) service to retailers and traders, and dedicated load service, which includes multiple pick-ups and drops.

Gconnect Logitech and Supply Chain Headlines

No Headlines