Krishna Defence & Allied Industries (NSE:KRISHNADEF) Inventory Turnover : 1.22 (As of Sep. 2024)

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What is Krishna Defence & Allied Industries 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. Krishna Defence & Allied Industries's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹538 Mil. Krishna Defence & Allied Industries's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹442 Mil. Krishna Defence & Allied Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Krishna Defence & Allied Industries's Days Inventory for the six months ended in Sep. 2024 was 149.69.

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. Krishna Defence & Allied Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.47.

Krishna Defence & Allied Industries Inventory Turnover Historical Data

The historical data trend for Krishna Defence & Allied Industries'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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Krishna Defence & Allied Industries Inventory Turnover Chart

Krishna Defence & Allied Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.51

1.07

1.71

1.70

2.13

Krishna Defence & Allied Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial					0.29	1.32	0.57	1.53	1.22

Krishna Defence & Allied Industries Inventory Turnover Calculation

Krishna Defence & Allied Industries'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 )
=	648.884	/ (	(284.474	+	324.824)	/	2 )
=	648.884	/	304.649
=	2.13

Krishna Defence & Allied Industries'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 )
=	538.456	/ (	(324.824	+	558.466)	/	2 )
=	538.456	/	441.645
=	1.22

Krishna Defence & Allied Industries (NSE:KRISHNADEF) 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.

Krishna Defence & Allied Industries'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
	=	441.645	/	538.456	*	365 / 2
	=	149.69

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.

Krishna Defence & Allied Industries'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 )
	=	441.645	/	940.422
	=	0.47

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.

Krishna Defence & Allied Industries Inventory Turnover Related Terms

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Krishna Defence & Allied Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krishna Defence & Allied Industries Ltd (NSE:KRISHNADEF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Delisle Road, Ganapatrao Kadam Marg, Office No. 344, Floor-3, Plot-267, A To Z Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.krishnaallied.com

Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defense application products and kitchen and dairy equipment products. It manufactures and offers a wide line of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk coolers with thermal storage systems, Cow Grooming Brushes, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. It has two operating reportable segments as Dairy & Kitchen equipment segment and the Defence Products. The company generates maximum revenue from the Defence Products segment.

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