Kalahridhaan Trendz (NSE:KTL) Inventory Turnover: 1.49 (As of Sep. 2023)


NSE:KTL Kalahridhaan Trendz Ltd NSE:KTL
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What is Kalahridhaan Trendz Inventory Turnover?

Kalahridhaan Trendz NSE:KTL 10 Inventory Turnover is 1.49 as of Sep. 2023. GuruFocus rates NSE:KTL with a GF Score™ of 10/100.

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. Kalahridhaan Trendz's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹730.3 Mil. Kalahridhaan Trendz's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹490.6 Mil. Kalahridhaan Trendz's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kalahridhaan Trendz's Days Inventory for the six months ended in Sep. 2023 was 122.60.

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. Kalahridhaan Trendz's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.58.

Kalahridhaan Trendz  (NSE:KTL) 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.

Kalahridhaan Trendz's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=490.616/730.296*365 / 2
=122.60

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.

Kalahridhaan Trendz's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=490.616 / 842.713
=0.58

* 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.

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.

Kalahridhaan Trendz Inventory Turnover Related Terms

Kalahridhaan Trendz Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Inventory Turnover Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Inventory Turnover
3.53 3.99 3.38

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Inventory Turnover 0.00 0.00 0.00 1.49
NSE:KTL
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Kalahridhaan Trendz Ltd NSE:KTL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalahridhaan Trendz Inventory Turnover Calculation

Kalahridhaan Trendz's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=1691.291 / ((522.349 + 478.44) / 2 )
=1691.291 / 500.3945
=3.38

Kalahridhaan Trendz's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=730.296 / ((478.44 + 502.792) / 2 )
=730.296 / 490.616
=1.49

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.49 mean?
Kalahridhaan Trendz (NSE:KTL) has a Inventory Turnover of 1.49 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kalahridhaan Trendz and its competitors.
Is Kalahridhaan Trendz's Inventory Turnover too high?
Kalahridhaan Trendz's current Inventory Turnover is 1.49. Overall, Kalahridhaan Trendz has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Kalahridhaan Trendz's Inventory Turnover compare to competitors?
Kalahridhaan Trendz's Inventory Turnover of 1.49 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kalahridhaan Trendz and its competitors. Kalahridhaan Trendz's current Inventory Turnover is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalahridhaan Trendz stock overvalued right now?
Kalahridhaan Trendz (NSE:KTL) has a current Inventory Turnover of 1.49. The current Inventory Turnover is 1.49. Kalahridhaan Trendz's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Kalahridhaan Trendz (NSE:KTL), the current Inventory Turnover is 1.49 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kalahridhaan Trendz Business Description

Address Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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