Value Industries (NSE:VALUEIND) Inventory Turnover : 0.00 (As of Mar. 2023)

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What is Value Industries 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. Value Industries's Cost of Goods Sold for the three months ended in Mar. 2023 was ₹0.03 Mil. Value Industries's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹243.98 Mil. Value Industries's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Value Industries's Days Inventory for the three months ended in Mar. 2023 was 742,105.83.

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.

Value Industries Inventory Turnover Historical Data

The historical data trend for Value Industries'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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Value Industries Inventory Turnover Chart

Value Industries Annual Data

Trend

Dec14

Dec15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.25

0.27

0.02

0.01

Value Industries Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Value Industries Inventory Turnover Calculation

Value Industries's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	0.2	/ (	(244.11	+	243.98)	/	2 )
=	0.2	/	244.045
=	0.00

Value Industries's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	0.03	/ (	(0	+	243.98)	/	1 )
=	0.03	/	243.98
=	0.00

Value Industries (NSE:VALUEIND) 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.

Value Industries's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	243.98	/	0.03	*	365 / 4
	=	742,105.83

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.

Value Industries's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	243.98	/	0
	=

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.

Value Industries Inventory Turnover Related Terms

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Value Industries (NSE:VALUEIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Value Industries Ltd (NSE:VALUEIND) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

171-C, Jamanalal Bajaj Marg,, Plot-224, C Wing, Floor-17, Mittal Court, Nariman Point, Mumbai, MH, IND, 400021

Website

http://www.valueind.in

Value Industries Ltd is engaged in manufacturing, wholesale and trading of consumer electronics and home appliances. The company is engaged in the business of manufacturing and trading of consumer electronics goods including washing machines, air conditioners, refrigerators, and other home appliances.

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