SVMH (SRIVARU Holding) Inventory Turnover : 1.32 (As of Mar. 2024)

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What is SRIVARU Holding 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. SRIVARU Holding's Cost of Goods Sold for the six months ended in Mar. 2024 was $0.30 Mil. SRIVARU Holding's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.23 Mil. SRIVARU Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SRIVARU Holding's Days Inventory for the six months ended in Mar. 2024 was 138.41.

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. SRIVARU Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.26.

SRIVARU Holding Inventory Turnover Historical Data

The historical data trend for SRIVARU Holding'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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SRIVARU Holding Inventory Turnover Chart

SRIVARU Holding Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

0.64

1.32

SRIVARU Holding Semi-Annual Data
	Mar22	Mar23	Mar24
Inventory Turnover	-	0.64	1.32

SRIVARU Holding Inventory Turnover Calculation

SRIVARU Holding'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 )
=	0.298	/ (	(0.332	+	0.12)	/	2 )
=	0.298	/	0.226
=	1.32

SRIVARU Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.298	/ (	(0.332	+	0.12)	/	2 )
=	0.298	/	0.226
=	1.32

SRIVARU Holding (NAS:SVMH) 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.

SRIVARU Holding's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.226	/	0.298	*	365 / 2
	=	138.41

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.

SRIVARU Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.226	/	0.043
	=	5.26

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.

SRIVARU Holding Inventory Turnover Related Terms

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SRIVARU Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SRIVARU Holding Ltd (NAS:SVMH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Bay Road, P.O. Box 10655, 2nd floor, Regatta Office park, Grand Cayman, CYM, KY1-1106

Website

https://www.svmh.ai

SRIVARU Holding Ltd focuses to revolutionize two-wheeled vehicles (TWV) by developing products powered by renewable energy, which are assured for safety, performance, and comfort, thereby providing safe riding experience to its customers. It operates in one reportable segment which is vehicle manufacturing. SVH's first product line, the Prana, is a E2W vehicle that is redefining the category. SVH has commenced engineering and design work for the Prana-Elite that is expected to leverage the same platform as the Prana-Grand, while upgrading its range.