Moxsh Overseas Educon (NSE:MOXSH) Inventory Turnover : 18.53 (As of Sep. 2023)

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What is Moxsh Overseas Educon 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. Moxsh Overseas Educon's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹38.0 Mil. Moxsh Overseas Educon's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹2.0 Mil. Moxsh Overseas Educon's Inventory Turnover for the quarter that ended in Sep. 2023 was 18.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Moxsh Overseas Educon's Days Inventory for the six months ended in Sep. 2023 was 9.85.

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. Moxsh Overseas Educon's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

Moxsh Overseas Educon Inventory Turnover Historical Data

The historical data trend for Moxsh Overseas Educon'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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Moxsh Overseas Educon Inventory Turnover Chart

Moxsh Overseas Educon Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

18.26

Moxsh Overseas Educon Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	6.49	18.53

Moxsh Overseas Educon Inventory Turnover Calculation

Moxsh Overseas Educon'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 )
=	42.007	/ (	(0	+	2.301)	/	1 )
=	42.007	/	2.301
=	18.26

Moxsh Overseas Educon'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 )
=	37.965	/ (	(2.301	+	1.797)	/	2 )
=	37.965	/	2.049
=	18.53

Moxsh Overseas Educon (NSE:MOXSH) 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.

Moxsh Overseas Educon'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
	=	2.049	/	37.965	*	365 / 2
	=	9.85

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.

Moxsh Overseas Educon'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 )
	=	2.049	/	78.562
	=	0.03

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.

Moxsh Overseas Educon Inventory Turnover Related Terms

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Moxsh Overseas Educon (NSE:MOXSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Moxsh Overseas Educon Ltd (NSE:MOXSH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025

Website

https://www.moksh16.com

Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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