Data Patterns (India) (NSE:DATAPATTNS) Inventory Turnover : 0.19 (As of Mar. 2024)

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What is Data Patterns (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. Data Patterns (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹512 Mil. Data Patterns (India)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,668 Mil. Data Patterns (India)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Data Patterns (India)'s Days Inventory for the three months ended in Mar. 2024 was 475.78.

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. Data Patterns (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.46.

Data Patterns (India) Inventory Turnover Historical Data

The historical data trend for Data Patterns (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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Data Patterns (India) Inventory Turnover Chart

Data Patterns (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.68

0.92

0.89

1.09

0.72

Data Patterns (India) Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial												0.41	0.18	0.13	0.18	0.19

Data Patterns (India) Inventory Turnover Calculation

Data Patterns (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 )
=	1651.2	/ (	(1929.5	+	2668)	/	2 )
=	1651.2	/	2298.75
=	0.72

Data Patterns (India)'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	511.7	/ (	(0	+	2668)	/	1 )
=	511.7	/	2668
=	0.19

Data Patterns (India) (NSE:DATAPATTNS) 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.

Data Patterns (India)'s Days Inventory for the three 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
	=	2668	/	511.7	*	365 / 4
	=	475.78

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.

Data Patterns (India)'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 )
	=	2668	/	1822.9
	=	1.46

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.

Data Patterns (India) Inventory Turnover Related Terms

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Data Patterns (India) (NSE:DATAPATTNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Data Patterns (India) Ltd (NSE:DATAPATTNS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

543428:India

Address

Plot H9, Fourth Main Road, SIPCOT IT Park, Siruseri, Chennai, TN, IND, 603103

Website

https://www.datapatternsindia.com

Data Patterns (India) Ltd is a defense and aerospace electronics solutions provider catering to the indigenously developed defense products industry. The company offers products to the entire spectrum of defense and aerospace platforms such as space, air, land, and sea. The Company operates only in one business segment i.e. manufacture, sale and service of defense electronics.

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