AAVAS Financiers (NSE:AAVAS) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is AAVAS Financiers 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. AAVAS Financiers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,177 Mil. AAVAS Financiers's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AAVAS Financiers's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. AAVAS Financiers's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

AAVAS Financiers Inventory Turnover Historical Data

The historical data trend for AAVAS Financiers'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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AAVAS Financiers Inventory Turnover Chart

AAVAS Financiers Annual Data

Trend

Mar15

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Mar17

Mar18

Mar19

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Mar21

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Mar23

Mar24

Inventory Turnover

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AAVAS Financiers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

AAVAS Financiers Inventory Turnover Calculation

AAVAS Financiers'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 )
=	11918.242	/ (	(0	+	0)	/	1 )
=	11918.242	/	0
=	N/A

AAVAS Financiers'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 )
=	3176.995	/ (	(0	+	0)	/	1 )
=	3176.995	/	0
=	N/A

AAVAS Financiers (NSE:AAVAS) 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.

AAVAS Financiers'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
	=	0	/	3176.995	*	365 / 4
	=	0.00

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.

AAVAS Financiers'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 )
	=	0	/	4871.088
	=	0.00

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.

AAVAS Financiers Inventory Turnover Related Terms

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AAVAS Financiers (NSE:AAVAS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AAVAS Financiers Ltd (NSE:AAVAS) » Definitions » Inventory Turnover

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541988:India

Address

Mansarover Industrial Area, 201-202, 2nd Floor, Southend Square, Jaipur, RJ, IND, 302 020

Website

https://www.aavas.in

AAVAS Financiers Ltd is a housing finance company. The company provides housing loans to customers belonging to the low and middle-income and self-employed segments in suburban and rural India. Its only operating segment is Lending to borrowers. The company's product portfolio includes home loans, land purchases and construction, home improvement loans, home equity, micro, small, and medium enterprise loan, and others. It offers customers loans for the purchase or construction of residential properties and the extension and repair of existing housing units.

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