Artedz Fabs (NSE:ARTEDZ) Inventory Turnover: 1.26 (As of Sep. 2018)


What is Artedz Fabs Inventory Turnover?

Artedz Fabs NSE:ARTEDZ Inventory Turnover is 1.26 as of Sep. 2018.

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. Artedz Fabs's Cost of Goods Sold for the six months ended in Sep. 2018 was ₹284.2 Mil. Artedz Fabs's Average Total Inventories for the quarter that ended in Sep. 2018 was ₹225.1 Mil. Artedz Fabs's Inventory Turnover for the quarter that ended in Sep. 2018 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Artedz Fabs's Days Inventory for the six months ended in Sep. 2018 was 144.55.

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. Artedz Fabs's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.61.

Artedz Fabs  (NSE:ARTEDZ) 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.

Artedz Fabs's Days Inventory for the six months ended in Sep. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=225.1075/284.201*365 / 2
=144.55

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.

Artedz Fabs's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=225.1075 / 366.275
=0.61

* 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.

Artedz Fabs Inventory Turnover Related Terms

Artedz Fabs Inventory Turnover Historical Data

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The historical data trend for Artedz Fabs'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.

Artedz Fabs Inventory Turnover Chart

Artedz Fabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Inventory Turnover
1.71 1.97 2.25 2.63 2.68

Artedz Fabs Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1.26

Artedz Fabs Inventory Turnover Calculation

Artedz Fabs's Inventory Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Inventory Turnover (A: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2018 ) / ((Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count )
=508.789 / ((171.265 + 208.241) / 2 )
=508.789 / 189.753
=2.68

Artedz Fabs's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover (Q: Sep. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2018 ) / ((Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count )
=284.201 / ((208.241 + 241.974) / 2 )
=284.201 / 225.1075
=1.26

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.26 mean?
Artedz Fabs (NSE:ARTEDZ) has a Inventory Turnover of 1.26 as of Sep. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Artedz Fabs and its competitors.
Is Artedz Fabs' Inventory Turnover too high?
Artedz Fabs' current Inventory Turnover is 1.26.
How does Artedz Fabs' Inventory Turnover compare to ?
Artedz Fabs' Inventory Turnover of 1.26 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Artedz Fabs and its competitors. Artedz Fabs's current Inventory Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current Inventory Turnover of 1.26. The current Inventory Turnover is 1.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Artedz Fabs (NSE:ARTEDZ), the current Inventory Turnover is 1.26 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artedz Fabs Business Description

Comparable Companies
Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.