Nila Infrastructures (NSE:NILAINFRA) Inventory Turnover : 0.23 (As of Sep. 2024)

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What is Nila Infrastructures 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. Nila Infrastructures's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹321 Mil. Nila Infrastructures's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹1,374 Mil. Nila Infrastructures's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nila Infrastructures's Days Inventory for the three months ended in Sep. 2024 was 389.97.

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. Nila Infrastructures's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.45.

Nila Infrastructures Inventory Turnover Historical Data

The historical data trend for Nila Infrastructures'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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Nila Infrastructures Inventory Turnover Chart

Nila Infrastructures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.12

1.69

1.28

1.57

Nila Infrastructures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.32	0.25	0.54	0.24	0.23

Nila Infrastructures Inventory Turnover Calculation

Nila Infrastructures'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 )
=	1650.873	/ (	(671.404	+	1438.041)	/	2 )
=	1650.873	/	1054.7225
=	1.57

Nila Infrastructures'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: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	321.426	/ (	(0	+	1373.656)	/	1 )
=	321.426	/	1373.656
=	0.23

Nila Infrastructures (NSE:NILAINFRA) 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.

Nila Infrastructures's Days Inventory for the three 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
	=	1373.656	/	321.426	*	365 / 4
	=	389.97

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.

Nila Infrastructures'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 )
	=	1373.656	/	398.082
	=	3.45

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.

Nila Infrastructures Inventory Turnover Related Terms

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Nila Infrastructures Business Description

Industry

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Traded in Other Exchanges

530377:India

Address

Sambhaav House, 1st Floor, Opposite Chief Justices Bunglow, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.nilainfra.com

Nila Infrastructures Ltd is an India-based company engaged in the construction and development of real estate and infrastructure projects. It is focused on urban infrastructure projects and residential real estate. It is involved in public infrastructure development projects, such as bus shelters of Ahmedabad's Bus Rapid Transit System (BRTS) and Ahmedabad Municipal Transport Service (AMTS), a textile park in Surat, and media utilities in Rajkot. The company undertakes engineering, procurement, and construction (EPC)/turnkey projects of housing schemes floated by government authorities. The company has one business segment, which is Infrastructure Business.

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