Anlon Technology Solutions (NSE:ANLON) Inventory Turnover : 2.66 (As of Sep. 2023)

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What is Anlon Technology Solutions 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. Anlon Technology Solutions's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹81.2 Mil. Anlon Technology Solutions's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹30.6 Mil. Anlon Technology Solutions's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anlon Technology Solutions's Days Inventory for the six months ended in Sep. 2023 was 68.73.

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. Anlon Technology Solutions's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.17.

Anlon Technology Solutions Inventory Turnover Historical Data

The historical data trend for Anlon Technology Solutions'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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Anlon Technology Solutions Inventory Turnover Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

19.32

18.16

7.71

8.89

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			-	-	3.82	6.99	2.66

Anlon Technology Solutions Inventory Turnover Calculation

Anlon Technology Solutions'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 )
=	133.576	/ (	(14.816	+	15.232)	/	2 )
=	133.576	/	15.024
=	8.89

Anlon Technology Solutions's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	81.242	/ (	(15.232	+	45.956)	/	2 )
=	81.242	/	30.594
=	2.66

Anlon Technology Solutions (NSE:ANLON) 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.

Anlon Technology Solutions's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	30.594	/	81.242	*	365 / 2
	=	68.73

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.

Anlon Technology Solutions's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	30.594	/	175.86
	=	0.17

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.

Anlon Technology Solutions Inventory Turnover Related Terms

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Anlon Technology Solutions (NSE:ANLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apparel Park, Phase II, Plot No.22, Doddaballapur Integrated Textile Park SW-5, Industrial Area, Doddaballapur, KA, IND, 561203

Website

https://www.anlon.co

Anlon Technology Solutions Ltd is primarily engaged in the business of providing engineering services. The company has two reportable segments such as Engineering services and Designing, Fabrication, and Installation Services. It generates majority of its revenue from Engineering services segment. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. It offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.

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