Chetana Education (NSE:CHETANA) Inventory Turnover: 1.40 (As of Mar. 2024)

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NSE:CHETANA Chetana Education Ltd NSE:CHETANA
19 GF Score
Price ₹43.35
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What is Chetana Education Inventory Turnover?

Chetana Education NSE:CHETANA 19 Inventory Turnover is 1.40 as of Mar. 2024. GuruFocus rates NSE:CHETANA with a GF Score™ of 19/100.

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. Chetana Education's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹399.7 Mil. Chetana Education's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹285.2 Mil. Chetana Education's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chetana Education's Days Inventory for the six months ended in Mar. 2024 was 130.20.

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. Chetana Education's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.

Chetana Education  (NSE:CHETANA) 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.

Chetana Education's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=285.1665/399.709*365 / 2
=130.20

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.

Chetana Education's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=285.1665 / 935.055
=0.30

* 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.

Chetana Education Inventory Turnover Related Terms

Chetana Education Inventory Turnover Historical Data

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The historical data trend for Chetana Education'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.

Chetana Education Inventory Turnover Chart

Chetana Education Annual Data
Trend Mar22 Mar23 Mar24
Inventory Turnover
0.93 1.62 1.40

Chetana Education Semi-Annual Data
Mar22 Mar23 Mar24
Inventory Turnover 0.93 1.62 1.40
NSE:CHETANA
19GF Score
Chetana Education Ltd NSE:CHETANA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chetana Education Inventory Turnover Calculation

Chetana Education'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 )
=399.709 / ((246.079 + 324.254) / 2 )
=399.709 / 285.1665
=1.40

Chetana Education's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=399.709 / ((246.079 + 324.254) / 2 )
=399.709 / 285.1665
=1.40

* 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 1.40 mean?
Chetana Education (NSE:CHETANA) has a Inventory Turnover of 1.40 as of Mar. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Chetana Education and its competitors.
Is Chetana Education's Inventory Turnover too high?
Chetana Education's current Inventory Turnover is 1.40. Overall, Chetana Education has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Chetana Education's Inventory Turnover compare to NYT?
Chetana Education's Inventory Turnover of 1.40 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified 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 Chetana Education and its competitors. Chetana Education's current Inventory Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chetana Education stock overvalued right now?
Chetana Education (NSE:CHETANA) has a current Inventory Turnover of 1.40. The current Inventory Turnover is 1.40. Chetana Education's overall GF Score™ is 19/100. 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 Chetana Education (NSE:CHETANA), the current Inventory Turnover is 1.40 as of Mar. 2024. 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.

Chetana Education Business Description

Address Delisle Road, 401, E-Wing, B & C Block, Trade Link, Kamala Mill, Mumbai, MH, IND, 400013
Chetana Education Ltd is a content-based company, engaged in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. It provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes. The company is focus on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of education books from early pre-primary learning to K12 course.
19GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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