Indian Hotels Co (Indian Hotels Co) Inventory Turnover : 5.21 (As of Mar. 2024)

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What is Indian Hotels Co 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. Indian Hotels Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $73.14 Mil. Indian Hotels Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $14.03 Mil. Indian Hotels Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Indian Hotels Co's Days Inventory for the three months ended in Mar. 2024 was 17.50.

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. Indian Hotels Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Indian Hotels Co Inventory Turnover Historical Data

The historical data trend for Indian Hotels Co'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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Indian Hotels Co Inventory Turnover Chart

Indian Hotels Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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19.33

12.22

15.67

18.85

20.53

Indian Hotels Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.10	5.01	4.82	5.21	5.21

Indian Hotels Co Inventory Turnover Calculation

Indian Hotels Co'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 )
=	280.174	/ (	(13.275	+	14.025)	/	2 )
=	280.174	/	13.65
=	20.53

Indian Hotels Co'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	73.138	/ (	(0	+	14.025)	/	1 )
=	73.138	/	14.025
=	5.21

Indian Hotels Co (GREY:IDHUY) 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.

Indian Hotels Co's Days Inventory for the three 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
	=	14.025	/	73.138	*	365 / 4
	=	17.50

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.

Indian Hotels Co'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 )
	=	14.025	/	229.5
	=	0.06

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.

Indian Hotels Co Inventory Turnover Related Terms

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Indian Hotels Co (Indian Hotels Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Indian Hotels Co Ltd (GREY:IDHUY) » Definitions » Inventory Turnover

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INDHOTEL:India 500850:India

Address

Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.ihcltata.com

Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (Indian Hotels Co) Headlines

From GuruFocus

Q3 2024 Indian Hotels Company Ltd Earnings Call Transcript

By GuruFocus Research • 02-05-2024