Vasa Denticity (NSE:DENTALKART) Inventory Turnover : 2.22 (As of Mar. 2024)

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What is Vasa Denticity 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. Vasa Denticity's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹676 Mil. Vasa Denticity's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹304 Mil. Vasa Denticity's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vasa Denticity's Days Inventory for the six months ended in Mar. 2024 was 82.25.

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. Vasa Denticity's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Vasa Denticity Inventory Turnover Historical Data

The historical data trend for Vasa Denticity'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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Vasa Denticity Inventory Turnover Chart

Vasa Denticity Annual Data

Trend

Mar20

Mar21

Mar22

Mar24

Inventory Turnover

10.61

13.33

9.08

5.72

Vasa Denticity Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23	Mar24
Inventory Turnover	-	-	-	3.14	2.22

Vasa Denticity Inventory Turnover Calculation

Vasa Denticity'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. 2022 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	1254.844	/ (	(99.308	+	339.668)	/	2 )
=	1254.844	/	219.488
=	5.72

Vasa Denticity'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	675.595	/ (	(269.316	+	339.668)	/	2 )
=	675.595	/	304.492
=	2.22

Vasa Denticity (NSE:DENTALKART) 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.

Vasa Denticity'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
	=	304.492	/	675.595	*	365 / 2
	=	82.25

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.

Vasa Denticity'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 )
	=	304.492	/	950.635
	=	0.32

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.

Vasa Denticity Inventory Turnover Related Terms

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Vasa Denticity (NSE:DENTALKART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Vasa Denticity Ltd (NSE:DENTALKART) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074

Website

https://www.dentalkart.com

Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

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