Zodiac Clothing Co (NSE:ZODIACLOTH) Inventory Turnover : 0.28 (As of Dec. 2024)

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What is Zodiac Clothing Co 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. Zodiac Clothing Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹183 Mil. Zodiac Clothing Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹643 Mil. Zodiac Clothing Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zodiac Clothing Co's Days Inventory for the three months ended in Dec. 2024 was 320.46.

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. Zodiac Clothing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.41.

Zodiac Clothing Co Inventory Turnover Historical Data

The historical data trend for Zodiac Clothing Co'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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Zodiac Clothing Co Inventory Turnover Chart

Zodiac Clothing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.80

0.54

0.78

1.26

1.06

Zodiac Clothing Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.24	0.35	0.25	0.32	0.28

Zodiac Clothing Co Inventory Turnover Calculation

Zodiac Clothing Co'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 )
=	630.218	/ (	(594.368	+	597.401)	/	2 )
=	630.218	/	595.8845
=	1.06

Zodiac Clothing Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	183.091	/ (	(642.991	+	0)	/	1 )
=	183.091	/	642.991
=	0.28

Zodiac Clothing Co (NSE:ZODIACLOTH) 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.

Zodiac Clothing Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	642.991	/	183.091	*	365 / 4
	=	320.46

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.

Zodiac Clothing Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	642.991	/	457.371
	=	1.41

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.

Zodiac Clothing Co Inventory Turnover Related Terms

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Zodiac Clothing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zodiac Clothing Co Ltd (NSE:ZODIACLOTH) » Definitions » Inventory Turnover

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Traded in Other Exchanges

521163:India

Address

Dr. Annie Besant Road, Nyloc House, 254, D-2, Worli, Mumbai, MH, IND, 400 030

Website

https://www.zodiaconline.com

Zodiac Clothing Co Ltd manufactures men's fine clothing and accessories. The products manufactured by the company are shirts, trousers, ties, suits, and accessories. Nearly half of the revenue is generated from India and the rest from other countries. Its brand includes Zodiac, ZOD!, and Z3.

Zodiac Clothing Co Headlines

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