Rajesh Exports (NSE:RAJESHEXPO) Inventory Turnover : 13.56 (As of Sep. 2024)

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What is Rajesh Exports 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. Rajesh Exports's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹667,915 Mil. Rajesh Exports's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹49,247 Mil. Rajesh Exports's Inventory Turnover for the quarter that ended in Sep. 2024 was 13.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rajesh Exports's Days Inventory for the three months ended in Sep. 2024 was 6.73.

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. Rajesh Exports's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.

Rajesh Exports Inventory Turnover Historical Data

The historical data trend for Rajesh Exports'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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Rajesh Exports Inventory Turnover Chart

Rajesh Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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44.44

42.16

32.04

49.22

54.62

Rajesh Exports 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															24.75	42.65	21.74	14.33	13.56

Rajesh Exports Inventory Turnover Calculation

Rajesh Exports'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 )
=	2800312.675	/ (	(60487.137	+	42050.903)	/	2 )
=	2800312.675	/	51269.02
=	54.62

Rajesh Exports'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 )
=	667914.97	/ (	(0	+	49246.97)	/	1 )
=	667914.97	/	49246.97
=	13.56

Rajesh Exports (NSE:RAJESHEXPO) 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.

Rajesh Exports'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
	=	49246.97	/	667914.97	*	365 / 4
	=	6.73

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.

Rajesh Exports'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 )
	=	49246.97	/	669236.68
	=	0.07

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.

Rajesh Exports Inventory Turnover Related Terms

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Rajesh Exports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rajesh Exports Ltd (NSE:RAJESHEXPO) » Definitions » Inventory Turnover

Traded in Other Exchanges

531500:India

Address

Number 1, Brunton Road (Off M.G. Road), Opposite Old Passport Office, Bengaluru, KA, IND, 560 001

Website

http://www.rajeshindia.com

Rajesh Exports Ltd is a gold refiner and Manufacturer of all kind of Gold products. The Company export its products to various countries around the world and it also sell its products in whole sale and retail in India and also through its own retail showrooms under the brand name of SHUBH Jewellers. Rajesh Exports Ltd has setup various manufacturing facilities in India and other countries.

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