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Allcargo Logistics (NSE:ALLCARGO) Inventory Turnover : 365.71 (As of Sep. 2024)


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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 Sep. 2024 was ₹6,400 Mil. Allcargo Logistics's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹18 Mil. Allcargo Logistics's Inventory Turnover for the quarter that ended in Sep. 2024 was 365.71.

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 Sep. 2024 was 0.25.

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 Sep. 2024 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.

* Premium members only.

Allcargo Logistics Inventory Turnover Chart

Allcargo Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 792.16 1,093.50 2,243.25 4,002.77 5,326.82

Allcargo Logistics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 288.65 273.23 4,867.44 280.70 365.71

Allcargo Logistics Inventory Turnover Calculation

Allcargo Logistics'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 )
=122250.6 / ((24.4 + 21.5) / 2 )
=122250.6 / 22.95
=5,326.82

Allcargo Logistics'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: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=6400 / ((0 + 17.5) / 1 )
=6400 / 17.5
=365.71

* 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.


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 Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=17.5/6400*365 / 4
=0.25

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 Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=17.5 / 43010.9
=0.00

* 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.


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 Business Description

Traded in Other Exchanges
Address
CST Road, 6th Floor, Allcargo House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Allcargo Logistics Ltd provides integrated logistics solutions. The company has three reportable segments. Multimodal transport operations, which involves non-vessel owing common carrier operations related to less than container load consolidation and full container load forwarding activities in India and across the globe. Express Distribution, which provides express distribution and supply chain solutions. Contract Logistics Operations, which involves hiring warehousing for providing 3PL service to customer. The company generates the majority of its revenue from the Multimodal transport operations segment. Geographically the company generates revenue from India, America, the Far East, Europe, and Others.

Allcargo Logistics Headlines

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