KKV Agro Powers (NSE:KKVAPOW) Inventory Turnover : 41.67 (As of Sep. 2024)

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What is KKV Agro Powers 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. KKV Agro Powers's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹4,346 Mil. KKV Agro Powers's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹104 Mil. KKV Agro Powers's Inventory Turnover for the quarter that ended in Sep. 2024 was 41.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KKV Agro Powers's Days Inventory for the six months ended in Sep. 2024 was 4.38.

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. KKV Agro Powers's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.41.

KKV Agro Powers Inventory Turnover Historical Data

The historical data trend for KKV Agro Powers'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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KKV Agro Powers Inventory Turnover Chart

KKV Agro Powers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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200.30

2,478.49

45.88

78.00

128.31

KKV Agro Powers Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															31.33	-	82.23	44.97	41.67

KKV Agro Powers Inventory Turnover Calculation

KKV Agro Powers'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 )
=	15467.611	/ (	(124.126	+	116.973)	/	2 )
=	15467.611	/	120.5495
=	128.31

KKV Agro Powers'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 )
=	4345.566	/ (	(116.973	+	91.606)	/	2 )
=	4345.566	/	104.2895
=	41.67

KKV Agro Powers (NSE:KKVAPOW) 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.

KKV Agro Powers'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
	=	104.2895	/	4345.566	*	365 / 2
	=	4.38

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.

KKV Agro Powers'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 )
	=	104.2895	/	30.554
	=	3.41

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.

KKV Agro Powers Inventory Turnover Related Terms

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KKV Agro Powers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » KKV Agro Powers Ltd (NSE:KKVAPOW) » Definitions » Inventory Turnover

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Address

637, Oppanakara Street, Vivagaa Building, Coimbatore, TN, IND, 641001

Website

https://www.kkvagropowers.com

KKV Agro Powers Ltd is an Independent power producer. The company is engaged in the generation, transmission, and distribution of power. It has an installed capacity of 10.6 MW including 7.6 MW of wind power and 3 MW of Solar power. The company's operating segment includes the Business of generation and sale of electricity and Trading of Precious Metals. It generates its major revenue from sales and processing charges of precious metals.

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