Blue Chip India (NSE:BLUECHIP) Inventory Turnover : 2.19 (As of Dec. 2024)

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What is Blue Chip 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. Blue Chip India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.14 Mil. Blue Chip India's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹0.06 Mil. Blue Chip India's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Blue Chip India's Days Inventory for the three months ended in Dec. 2024 was 41.66.

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.

Blue Chip India Inventory Turnover Historical Data

The historical data trend for Blue Chip 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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Blue Chip India Inventory Turnover Chart

Blue Chip India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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16.10

18.98

9.73

6.71

6.98

Blue Chip India Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															3.60	4.24	-4.40	2.00	2.19

Blue Chip India Inventory Turnover Calculation

Blue Chip 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 )
=	0.44	/ (	(0.063	+	0.063)	/	2 )
=	0.44	/	0.063
=	6.98

Blue Chip 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 )
=	0.138	/ (	(0.063	+	0)	/	1 )
=	0.138	/	0.063
=	2.19

Blue Chip India (NSE:BLUECHIP) 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.

Blue Chip 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
	=	0.063	/	0.138	*	365 / 4
	=	41.66

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.

Blue Chip 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 )
	=	0.063	/	0
	=

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.

Blue Chip India Inventory Turnover Related Terms

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Blue Chip India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Blue Chip India Ltd (NSE:BLUECHIP) » Definitions » Inventory Turnover

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531936:India

Address

10, Princep Street, 2nd Floor, Kolkata, WB, IND, 700072

Website

https://www.bluechipind.com

Blue Chip India Ltd is engaged in the capital market business sector. The company's only business segment is fund-based activities. The company generates revenue from Dividend Income and Sale of Investments. Geographically, the company operates only in the Indian market region.

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