GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Raymond Lifestyle Ltd (NSE:RAYMONDLSL) » Definitions » Inventory Turnover

Raymond Lifestyle (NSE:RAYMONDLSL) Inventory Turnover : 0.93 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Raymond Lifestyle 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. Raymond Lifestyle's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹16,353 Mil. Raymond Lifestyle's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹17,504 Mil. Raymond Lifestyle's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Raymond Lifestyle's Days Inventory for the six months ended in Sep. 2024 was 195.35.

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

Raymond Lifestyle Inventory Turnover Historical Data

The historical data trend for Raymond Lifestyle'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.

Raymond Lifestyle Inventory Turnover Chart

Raymond Lifestyle Annual Data
Trend Mar22 Mar23 Mar24
Inventory Turnover
3.33 4.88 4.15

Raymond Lifestyle Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Inventory Turnover - - 203.75 1.07 0.93

Raymond Lifestyle Inventory Turnover Calculation

Raymond Lifestyle'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 )
=36161.052 / ((86.842 + 17328.067) / 2 )
=36161.052 / 8707.4545
=4.15

Raymond Lifestyle'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 )
=16352.5 / ((17328.067 + 17679.9) / 2 )
=16352.5 / 17503.9835
=0.93

* 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.

Raymond Lifestyle  (NSE:RAYMONDLSL) 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.

Raymond Lifestyle'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
=17503.9835/16352.5*365 / 2
=195.35

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.

Raymond Lifestyle'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 )
=17503.9835 / 29283.8
=0.60

* 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.

Raymond Lifestyle Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Raymond Lifestyle's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Raymond Lifestyle Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Raymond Lifestyle Ltd (NSE:RAYMONDLSL) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
544240:India
Address
Narottam Morarjee Marg, Raymond Limited, New Hind House, Ballard Estate, Mumbai, MH, IND, 400001
Website
https://www.raymondlifestyle.com
Raymond Lifestyle Ltd is engaged in the textile and business business. The company's business activities offer premium fabrics, apparel, suiting, shirting, garments, custom tailoring, and other services. The brands under the company's name are Park Avenue, ColourPlus, ethnix, parx, and others.

Raymond Lifestyle Headlines

No Headlines