Silgo Retail (NSE:SILGO) Inventory Turnover : 0.19 (As of Dec. 2024)

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What is Silgo Retail 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. Silgo Retail's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹86.5 Mil. Silgo Retail's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹454.4 Mil. Silgo Retail's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silgo Retail's Days Inventory for the three months ended in Dec. 2024 was 479.51.

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. Silgo Retail's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.48.

Silgo Retail Inventory Turnover Historical Data

The historical data trend for Silgo Retail'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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Silgo Retail Inventory Turnover Chart

Silgo Retail Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.98

1.22

0.97

0.85

0.72

Silgo Retail Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.15	0.18	0.21	0.11	0.19

Silgo Retail Inventory Turnover Calculation

Silgo Retail'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 )
=	285.757	/ (	(338.37	+	458.959)	/	2 )
=	285.757	/	398.6645
=	0.72

Silgo Retail'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 )
=	86.477	/ (	(454.426	+	0)	/	1 )
=	86.477	/	454.426
=	0.19

Silgo Retail (NSE:SILGO) 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.

Silgo Retail'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
	=	454.426	/	86.477	*	365 / 4
	=	479.51

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.

Silgo Retail'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 )
	=	454.426	/	101.534
	=	4.48

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.

Silgo Retail Inventory Turnover Related Terms

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Silgo Retail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Silgo Retail Ltd (NSE:SILGO) » Definitions » Inventory Turnover

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Address

Jawaharlal Nehru Marg, B-11, Mahalaxmi Nagar, Jaipur, RJ, IND, 302017

Website

https://www.silgo.in

Silgo Retail Ltd is an Indian company specializing in the trade, manufacturing, and selling of silver jewelry and precious stones. The company's product portfolio includes a wide variety of hallmarked silver jewelry, ensuring quality and authenticity. Its offerings encompass various items such as rings, earrings, pendants, bracelets, necklaces, and bangles. With a focus on craftsmanship and certified products, Silgo Retail Ltd aims to cater to domestic and international markets, positioning itself as a key player in silver jewelry.

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