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Navneet Education (NSE:NAVNETEDUL) Inventory Turnover : 0.35 (As of Mar. 2025)


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What is Navneet Education 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. Navneet Education's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹2,242 Mil. Navneet Education's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹6,358 Mil. Navneet Education's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Navneet Education's Days Inventory for the three months ended in Mar. 2025 was 258.78.

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. Navneet Education's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.47.


Navneet Education Inventory Turnover Historical Data

The historical data trend for Navneet Education'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.

* Premium members only.

Navneet Education Inventory Turnover Chart

Navneet Education Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.45 1.76 1.55 1.49

Navneet Education Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.68 0.37 0.34 0.35

Navneet Education Inventory Turnover Calculation

Navneet Education's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=9513.1 / ((6387.6 + 6358) / 2 )
=9513.1 / 6372.8
=1.49

Navneet Education's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=2241.9 / ((0 + 6358) / 1 )
=2241.9 / 6358
=0.35

* 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.


Navneet Education  (NSE:NAVNETEDUL) 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.

Navneet Education's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=6358/2241.9*365 / 4
=258.78

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.

Navneet Education's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=6358 / 4337.8
=1.47

* 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.


Navneet Education Inventory Turnover Related Terms

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Navneet Education Business Description

Traded in Other Exchanges
Address
Bhavani Shankar Road, Navneet Bhavan, Near Shardashram Society, Dadar (West), Mumbai, MH, IND, 400028
Navneet Education Ltd is engaged in the publication of knowledge-based information in educational and general books as well as in electronic media and manufacturing of paper and other stationery items. The company provides educational syllabus-based content in print & digital mediums, manufactures scholastic paper stationery, and publishes general and children's books, and also Scholastic Non-Paper Stationary products including various titles in the Children and General books category, which are not based on the syllabus. It markets its products under the brand names Navneet, Vikas, Gala, Grafalco, FfUuNn, and Boss. The company manages its business in segments namely Publication, Stationery, and Others. It has a business presence in India and other countries.

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