Vijaya Diagnostic Centre (NSE:VIJAYA) Inventory Turnover : 4.49 (As of Mar. 2025)

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What is Vijaya Diagnostic Centre 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. Vijaya Diagnostic Centre's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹222 Mil. Vijaya Diagnostic Centre's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹49 Mil. Vijaya Diagnostic Centre's Inventory Turnover for the quarter that ended in Mar. 2025 was 4.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vijaya Diagnostic Centre's Days Inventory for the three months ended in Mar. 2025 was 20.31.

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. Vijaya Diagnostic Centre's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.03.

Vijaya Diagnostic Centre Inventory Turnover Historical Data

The historical data trend for Vijaya Diagnostic Centre'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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Vijaya Diagnostic Centre Inventory Turnover Chart

Vijaya Diagnostic Centre Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

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21.08

20.66

18.62

18.10

16.76

Vijaya Diagnostic Centre Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															3.63	3.62	3.46	3.14	4.49

Vijaya Diagnostic Centre Inventory Turnover Calculation

Vijaya Diagnostic Centre's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	847.635	/ (	(51.827	+	49.327)	/	2 )
=	847.635	/	50.577
=	16.76

Vijaya Diagnostic Centre's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	221.652	/ (	(0	+	49.327)	/	1 )
=	221.652	/	49.327
=	4.49

Vijaya Diagnostic Centre (NSE:VIJAYA) 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.

Vijaya Diagnostic Centre's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	49.327	/	221.652	*	365 / 4
	=	20.31

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.

Vijaya Diagnostic Centre's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	49.327	/	1732.425
	=	0.03

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.

Vijaya Diagnostic Centre Inventory Turnover Related Terms

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Vijaya Diagnostic Centre Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Vijaya Diagnostic Centre Ltd (NSE:VIJAYA) » Definitions » Inventory Turnover

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543350:India

Address

Ground Floor, FPAI Building, No 6-3-883/F, Punjagutta Officers Colony, Near Topaz Building, Hyderabad, TG, IND, 500 082

Website

https://www.vijayadiagnostic.com

Vijaya Diagnostic Centre Ltd operates a diagnostic chain in Southern India. The company offers a one-stop solution for pathology and radiology testing services. It provides routine tests, specialized pathology tests, basic tests, and advanced radiology tests. The company also offers a broad spectrum of customized health and wellness packages to its customers. The company's revenue comes from many diagnostic centers, where high-volume sales drive its earnings. The Company operates within India. The company's operations fall within a single business segment, which is Diagnostic Services.

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