Ganesh Housing (NSE:GANESHHOUC) Inventory Turnover : 0.06 (As of Sep. 2024)

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What is Ganesh Housing 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. Ganesh Housing's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹261 Mil. Ganesh Housing's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹4,205 Mil. Ganesh Housing's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ganesh Housing's Days Inventory for the three months ended in Sep. 2024 was 1,467.35.

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. Ganesh Housing's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.77.

Ganesh Housing Inventory Turnover Historical Data

The historical data trend for Ganesh Housing'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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Ganesh Housing Inventory Turnover Chart

Ganesh Housing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.43

0.55

0.70

0.48

Ganesh Housing Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.06	0.07	0.26	0.13	0.06

Ganesh Housing Inventory Turnover Calculation

Ganesh Housing'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 )
=	2293.084	/ (	(5149.851	+	4420.446)	/	2 )
=	2293.084	/	4785.1485
=	0.48

Ganesh Housing's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	261.488	/ (	(0	+	4204.864)	/	1 )
=	261.488	/	4204.864
=	0.06

Ganesh Housing (NSE:GANESHHOUC) 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.

Ganesh Housing's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	4204.864	/	261.488	*	365 / 4
	=	1,467.35

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.

Ganesh Housing's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	4204.864	/	2372.235
	=	1.77

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.

Ganesh Housing Inventory Turnover Related Terms

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Ganesh Housing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ganesh Housing Corp Ltd (NSE:GANESHHOUC) » Definitions » Inventory Turnover

Traded in Other Exchanges

526367:India

Address

100 Feet Hebatpur-Thaltej Road, Ganesh Corporate House, Near Sola Bridge, Off. S. G. Highway, Ahmedabad, GJ, IND, 380 054

Website

https://www.ganeshhousing.com

Ganesh Housing Corp Ltd is engaged in the business of construction of residential, commercial, and infrastructure projects. The Company derives revenues majorly from the sale of properties comprising both commercial and residential units. The company's business activity falls within a single business segment - The development of real estate property. Its residential and commercial projects include Malabar County - II, Sundarvan Epitome, Suyojan, Satva, Magnet Corporate Park, and GCP Business Center.

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