Thinking Hats Entertainment Solutions (NSE:THESL) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Thinking Hats Entertainment Solutions 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. Thinking Hats Entertainment Solutions's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹175.7 Mil. Thinking Hats Entertainment Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thinking Hats Entertainment Solutions's Days Inventory for the six months ended in Mar. 2024 was 0.00.

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. Thinking Hats Entertainment Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Thinking Hats Entertainment Solutions Inventory Turnover Historical Data

The historical data trend for Thinking Hats Entertainment Solutions'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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Thinking Hats Entertainment Solutions Inventory Turnover Chart

Thinking Hats Entertainment Solutions Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

Thinking Hats Entertainment Solutions Semi-Annual Data
	Mar22	Mar23	Mar24
Inventory Turnover	-	-	-

Thinking Hats Entertainment Solutions Inventory Turnover Calculation

Thinking Hats Entertainment Solutions'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 )
=	175.738	/ (	(0	+	0)	/	1 )
=	175.738	/	0
=	N/A

Thinking Hats Entertainment Solutions'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: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	175.738	/ (	(0	+	0)	/	1 )
=	175.738	/	0
=	N/A

Thinking Hats Entertainment Solutions (NSE:THESL) 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.

Thinking Hats Entertainment Solutions's Days Inventory for the six 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
	=	0	/	175.738	*	365 / 2
	=	0.00

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.

Thinking Hats Entertainment Solutions'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 )
	=	0	/	266.318
	=	0.00

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.

Thinking Hats Entertainment Solutions Inventory Turnover Related Terms

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Thinking Hats Entertainment Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thinking Hats Entertainment Solutions Ltd (NSE:THESL) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.thes.in

Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.

Thinking Hats Entertainment Solutions Headlines

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