Vdeal System (NSE:VDEAL) Inventory Turnover : 0.35 (As of Sep. 2024)

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What is Vdeal System 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. Vdeal System's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹41.5 Mil. Vdeal System's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹117.8 Mil. Vdeal System's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vdeal System's Days Inventory for the six months ended in Sep. 2024 was 518.45.

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. Vdeal System's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.28.

Vdeal System Inventory Turnover Historical Data

The historical data trend for Vdeal System'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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Vdeal System Inventory Turnover Chart

Vdeal System Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

2.67

2.97

2.48

Vdeal System Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	-	-	0.83	1.53	0.35

Vdeal System Inventory Turnover Calculation

Vdeal System'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 )
=	170.854	/ (	(57.842	+	80.009)	/	2 )
=	170.854	/	68.9255
=	2.48

Vdeal System'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	41.481	/ (	(80.009	+	155.672)	/	2 )
=	41.481	/	117.8405
=	0.35

Vdeal System (NSE:VDEAL) 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.

Vdeal System's Days Inventory for the six 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
	=	117.8405	/	41.481	*	365 / 2
	=	518.45

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.

Vdeal System'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 )
	=	117.8405	/	92.337
	=	1.28

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.

Vdeal System Inventory Turnover Related Terms

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Vdeal System Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vdeal System Ltd (NSE:VDEAL) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

New Info Valley Road, Plot No- 4A, 4B & 6, Janla Industrial Area, Janla, Jatni, Khordha, OR, IND, 752054

Website

https://www.vdealsystem.com

Vdeal System Ltd Provides solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management Systems (EMS) and Smart Programmable Logic Controller (PLC) panels, Air-insulated & Sandwich bus ducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety. It is a growing Integrated Electrical and Automation solution provider dealing in comprehensive electrical solutions across industries.

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