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Sastasundar Ventures (NSE:SASTASUNDR) Inventory Turnover : 2.46 (As of Mar. 2024)


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What is Sastasundar Ventures 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. Sastasundar Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,850 Mil. Sastasundar Ventures's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1,158 Mil. Sastasundar Ventures's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sastasundar Ventures's Days Inventory for the three months ended in Mar. 2024 was 37.08.

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. Sastasundar Ventures's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.


Sastasundar Ventures Inventory Turnover Historical Data

The historical data trend for Sastasundar Ventures'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.

Sastasundar Ventures Inventory Turnover Chart

Sastasundar Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 6.41 6.14 6.57 8.33

Sastasundar Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.63 1.63 1.96 2.06 2.46

Sastasundar Ventures Inventory Turnover Calculation

Sastasundar Ventures'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 )
=12361.182 / ((1808.318 + 1157.947) / 2 )
=12361.182 / 1483.1325
=8.33

Sastasundar Ventures's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=2849.837 / ((0 + 1157.947) / 1 )
=2849.837 / 1157.947
=2.46

* 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.


Sastasundar Ventures  (NSE:SASTASUNDR) 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.

Sastasundar Ventures's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1157.947/2849.837*365 / 4
=37.08

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.

Sastasundar Ventures's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1157.947 / 2969.829
=0.39

* 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.


Sastasundar Ventures Inventory Turnover Related Terms

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Sastasundar Ventures Business Description

Traded in Other Exchanges
Address
7 Abanindra Nath Thakur Sarani, Azimganj House, 2nd Floor, Kolkata, WB, IND, 700017
Sastasundar Ventures Ltd is a Core Investment Company. It is engaged in the business of healthcare services through its subsidiary companies. Its service verticals are Pharmacy, Diagnostics and Wellness. The group primarily operates in India.

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