Globesecure Technologies (NSE:GSTL) Inventory Turnover : 0.82 (As of Sep. 2024)

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What is Globesecure Technologies 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. Globesecure Technologies's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹82.0 Mil. Globesecure Technologies's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹100.5 Mil. Globesecure Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globesecure Technologies's Days Inventory for the six months ended in Sep. 2024 was 223.47.

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. Globesecure Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.95.

Globesecure Technologies Inventory Turnover Historical Data

The historical data trend for Globesecure Technologies'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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Globesecure Technologies Inventory Turnover Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.59

3.32

4.03

1.93

1.53

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial					0.48	1.30	0.61	1.12	0.82

Globesecure Technologies Inventory Turnover Calculation

Globesecure Technologies'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 )
=	192.529	/ (	(150.542	+	101.468)	/	2 )
=	192.529	/	126.005
=	1.53

Globesecure Technologies'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	82.049	/ (	(101.468	+	99.467)	/	2 )
=	82.049	/	100.4675
=	0.82

Globesecure Technologies (NSE:GSTL) 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.

Globesecure Technologies's Days Inventory for the six 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
	=	100.4675	/	82.049	*	365 / 2
	=	223.47

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.

Globesecure Technologies'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 )
	=	100.4675	/	105.248
	=	0.95

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.

Globesecure Technologies Inventory Turnover Related Terms

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Globesecure Technologies Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Inventory Turnover

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Address

Andheri Kurla Road, A-309, Unit No. 902/903, B Wing, Sagar Tech Plaza, Opposite Rubber Factory, Sakinaka, Andheri East, Mumbai, MH, IND, 400072

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. It engages in various cyber security transformation projects, infrastructure, and digital transformation projects for different institutions and also provides similar independent services to its clients. The company classifies its business into the following lines of business: Cyber Security; Integrated Enterprise Solutions; and Managed Services. The services offered across the different lines of its business include managed security, cloud security, data protection, unified communication, software defined networking (SDN), network transformation, and technical support services among others. The company has only one segment which is Cyber Security.

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