Avro India (NSE:AVROIND) Inventory Turnover : 1.64 (As of Dec. 2024)

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What is Avro India 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. Avro India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹178.1 Mil. Avro India's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹108.9 Mil. Avro India's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avro India's Days Inventory for the three months ended in Dec. 2024 was 55.79.

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. Avro India's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.45.

Avro India Inventory Turnover Historical Data

The historical data trend for Avro India'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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Avro India Inventory Turnover Chart

Avro India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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27.86

29.12

16.34

11.96

12.06

Avro India Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															2.75	3.82	1.62	1.07	1.64

Avro India Inventory Turnover Calculation

Avro India'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 )
=	800.177	/ (	(64.071	+	68.587)	/	2 )
=	800.177	/	66.329
=	12.06

Avro India's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	178.126	/ (	(108.913	+	0)	/	1 )
=	178.126	/	108.913
=	1.64

Avro India (NSE:AVROIND) 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.

Avro India's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	108.913	/	178.126	*	365 / 4
	=	55.79

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.

Avro India's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	108.913	/	240.643
	=	0.45

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.

Avro India Inventory Turnover Related Terms

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Avro India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Avro India Ltd (NSE:AVROIND) » Definitions » Inventory Turnover

Traded in Other Exchanges

543512:India

Address

South of G. T. Road, A-7/36-39, Industrial Area, Electrosteel Casting Compound, Ghaziabad, UP, IND, 201009

Website

https://www.avrofurniture.com

Avro India Ltd is engaged in manufacturing and selling plastic molded furniture and granules. The firm manufactures products under the brand name Avon and Avro Furniture. The product portfolio of the company includes molded chairs, molded stools, molded tables, molded bay chairs, and baby desks. The products are sold in U.P., Punjab, Haryana, Delhi, Rajasthan, and across north India. Its products are used in Auditoriums, Schools, Colleges, Restaurants, Hotels, Homes, Gardens and others.

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