M V K Agro food product (NSE:MVKAGRO) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is M V K Agro food product 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. M V K Agro food product's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹0.0 Mil. M V K Agro food product's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹586.4 Mil. M V K Agro food product's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

M V K Agro food product Inventory Turnover Historical Data

The historical data trend for M V K Agro food product'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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M V K Agro food product Inventory Turnover Chart

M V K Agro food product Annual Data

Trend

Mar21

Mar22

Mar23

Inventory Turnover

0.29

2.20

1.14

M V K Agro food product Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Inventory Turnover	-	-	-	-

M V K Agro food product Inventory Turnover Calculation

M V K Agro food product'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 )
=	675.573	/ (	(461.924	+	725.812)	/	2 )
=	675.573	/	593.868
=	1.14

M V K Agro food product'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 )
=	0	/ (	(725.812	+	446.99)	/	2 )
=	0	/	586.401
=	0.00

M V K Agro food product (NSE:MVKAGRO) 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.

M V K Agro food product's Days Inventory for the three 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
	=	586.401	/	0	*	365 / 4
	=

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.

M V K Agro food product'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 )
	=	586.401	/	0
	=

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.

M V K Agro food product Inventory Turnover Related Terms

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M V K Agro food product (NSE:MVKAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M V K Agro food product Ltd (NSE:MVKAGRO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807

Website

https://www.mvkagrofood.com

M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

M V K Agro food product (NSE:MVKAGRO) Headlines

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