P N Gadgil Jewellers (NSE:PNGJL) Inventory Turnover : 1.38 (As of Dec. 2024)

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What is P N Gadgil Jewellers 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. P N Gadgil Jewellers's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹21,967 Mil. P N Gadgil Jewellers's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹15,897 Mil. P N Gadgil Jewellers's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. P N Gadgil Jewellers's Days Inventory for the three months ended in Dec. 2024 was 66.04.

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. P N Gadgil Jewellers's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.65.

P N Gadgil Jewellers Inventory Turnover Historical Data

The historical data trend for P N Gadgil Jewellers'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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P N Gadgil Jewellers Inventory Turnover Chart

P N Gadgil Jewellers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

2.74

3.44

6.38

7.20

P N Gadgil Jewellers Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial			1.86	2.33	1.42	1.46	1.38

P N Gadgil Jewellers Inventory Turnover Calculation

P N Gadgil Jewellers'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 )
=	56031.8	/ (	(5968.83	+	9588.58)	/	2 )
=	56031.8	/	7778.705
=	7.20

P N Gadgil Jewellers's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	21966.61	/ (	(15897.42	+	0)	/	1 )
=	21966.61	/	15897.42
=	1.38

P N Gadgil Jewellers (NSE:PNGJL) 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.

P N Gadgil Jewellers's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	15897.42	/	21966.61	*	365 / 4
	=	66.04

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.

P N Gadgil Jewellers's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	15897.42	/	24357.51
	=	0.65

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.

P N Gadgil Jewellers Inventory Turnover Related Terms

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P N Gadgil Jewellers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » P N Gadgil Jewellers Ltd (NSE:PNGJL) » Definitions » Inventory Turnover

Traded in Other Exchanges

544256:India

Address

Chitrashala Chowk Laxmi Road, PNG Vishwa, 359, Narayan Peth, Pune, MH, IND, 411 030

Website

https://www.pngjewellers.com

P N Gadgil Jewellers Ltd offers a wide range of precious metal/jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the needs of its customers and include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery. The company's products are primarily sold under its flagship brand, PNG, and various sub-brands, through multiple channels, including its approximately 33 retail stores and various online marketplaces, including the website.

P N Gadgil Jewellers Headlines

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