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Thomas Cook India (NSE:THOMASCOOK) Inventory Turnover : 37.68 (As of Sep. 2024)


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What is Thomas Cook India 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. Thomas Cook India's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹14,712 Mil. Thomas Cook India's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹391 Mil. Thomas Cook India's Inventory Turnover for the quarter that ended in Sep. 2024 was 37.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thomas Cook India's Days Inventory for the three months ended in Sep. 2024 was 2.42.

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. Thomas Cook India's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.


Thomas Cook India Inventory Turnover Historical Data

The historical data trend for Thomas Cook India'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.

Thomas Cook India Inventory Turnover Chart

Thomas Cook India 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 312.90 41.62 90.94 169.04 177.98

Thomas Cook India 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 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 35.49 42.86 35.28 44.72 37.68

Thomas Cook India Inventory Turnover Calculation

Thomas Cook India'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 )
=62800.9 / ((301.5 + 404.2) / 2 )
=62800.9 / 352.85
=177.98

Thomas Cook India'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 )
=14712.4 / ((0 + 390.5) / 1 )
=14712.4 / 390.5
=37.68

* 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.


Thomas Cook India  (NSE:THOMASCOOK) 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.

Thomas Cook India'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
=390.5/14712.4*365 / 4
=2.42

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.

Thomas Cook India'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 )
=390.5 / 20037.6
=0.02

* 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.


Thomas Cook India Inventory Turnover Related Terms

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Thomas Cook India Business Description

Traded in Other Exchanges
Address
N.M. Joshi Marg, 11th Floor, Marathon Futurex, Lower Parel (East), Mumbai, MH, IND, 400013
Thomas Cook India Ltd is a travel and tourism company domiciled in India. The company's segment includes Financial Services; Travel and related services. It generates maximum revenue from the Travel and related services segment. Travel and related services include tour operations, travel management, visa services, and travel insurance and related services.

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