Allcargo Logistics (NSE:ALLCARGO) Inventory Turnover : 273.23 (As of Dec. 2023)

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What is Allcargo Logistics 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. Allcargo Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,820 Mil. Allcargo Logistics's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹21 Mil. Allcargo Logistics's Inventory Turnover for the quarter that ended in Dec. 2023 was 273.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allcargo Logistics's Days Inventory for the three months ended in Dec. 2023 was 0.33.

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. Allcargo Logistics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Allcargo Logistics Inventory Turnover Historical Data

The historical data trend for Allcargo Logistics'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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Allcargo Logistics Inventory Turnover Chart

Allcargo Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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672.22

792.16

1,093.50

2,243.25

4,002.87

Allcargo Logistics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															95.00	6,021.37	196.77	288.65	273.23

Allcargo Logistics Inventory Turnover Calculation

Allcargo Logistics'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 )
=	163117	/ (	(57.1	+	24.4)	/	2 )
=	163117	/	40.75
=	4,002.87

Allcargo Logistics's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	5819.9	/ (	(21.3	+	0)	/	1 )
=	5819.9	/	21.3
=	273.23

Allcargo Logistics (NSE:ALLCARGO) 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.

Allcargo Logistics's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	21.3	/	5819.9	*	365 / 4
	=	0.33

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.

Allcargo Logistics's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	21.3	/	32115.9
	=	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.

Allcargo Logistics Inventory Turnover Related Terms

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Allcargo Logistics (NSE:ALLCARGO) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allcargo Logistics Ltd (NSE:ALLCARGO) » Definitions » Inventory Turnover

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532749:India

Address

CST Road, 6th Floor, Allcargo House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.allcargologistics.com

Allcargo Logistics Ltd provides integrated logistics solutions. The company organizes itself into five segments. The multimodal transport operations segment, which contributes the majority of revenue, provides non-vessel freight forwarding services. The container freight stations/inland container depots, provide cargo stuffing, de-stuffing, and customs clearance services. The project and engineering solutions, provide rental equipment and services for project, engineering, and logistics purposes. The logistic park provides warehousing through the development and leasing of its container parks, Express distribution, provides express distribution and supply chain solutions. The firm's revenue is derived from India, America, the Far East, Europe, and others.

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