Prizor Viztech (NSE:PRIZOR) Inventory Turnover : 1.23 (As of Sep. 2024)

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What is Prizor Viztech 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. Prizor Viztech's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹226.8 Mil. Prizor Viztech's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹184.9 Mil. Prizor Viztech's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prizor Viztech's Days Inventory for the six months ended in Sep. 2024 was 148.82.

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. Prizor Viztech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.60.

Prizor Viztech Inventory Turnover Historical Data

The historical data trend for Prizor Viztech'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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Prizor Viztech Inventory Turnover Chart

Prizor Viztech Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

1.61

3.22

2.97

Prizor Viztech Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	-	-	1.21	1.54	1.23

Prizor Viztech Inventory Turnover Calculation

Prizor Viztech'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 )
=	253.049	/ (	(27.712	+	142.722)	/	2 )
=	253.049	/	85.217
=	2.97

Prizor Viztech'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	226.752	/ (	(142.722	+	227.091)	/	2 )
=	226.752	/	184.9065
=	1.23

Prizor Viztech (NSE:PRIZOR) 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.

Prizor Viztech's Days Inventory for the six 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
	=	184.9065	/	226.752	*	365 / 2
	=	148.82

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.

Prizor Viztech'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 )
	=	184.9065	/	310.341
	=	0.60

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.

Prizor Viztech Inventory Turnover Related Terms

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Prizor Viztech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prizor Viztech Ltd (NSE:PRIZOR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

514, Maple Trade Centre, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.prizor.in

Prizor Viztech Ltd is engaged in the business of providing security and surveillance solutions by offering comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others. It also provide services including video management software which provides surveillance feature to customers in a single monitor and location. The company's product portfolio is mainly segregated into two parts, namely Security and Surveillance Solutions (network cameras & high-definition analog cameras, network video recorders, digital video recorders); and LED televisions, Monitors & Touch Panels.

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