Sugal & Damani Share Brokers (BOM:511654) Inventory Turnover : 0.09 (As of Mar. 2024)

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What is Sugal & Damani Share Brokers 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. Sugal & Damani Share Brokers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14.33 Mil. Sugal & Damani Share Brokers's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹163.39 Mil. Sugal & Damani Share Brokers's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sugal & Damani Share Brokers's Days Inventory for the three months ended in Mar. 2024 was 1,040.12.

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. Sugal & Damani Share Brokers's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.81.

Sugal & Damani Share Brokers Inventory Turnover Historical Data

The historical data trend for Sugal & Damani Share Brokers'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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Sugal & Damani Share Brokers Inventory Turnover Chart

Sugal & Damani Share Brokers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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217.22

119.58

39.15

38.75

0.27

Sugal & Damani Share Brokers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															8.40	9.85	3.63	3.45	0.09

Sugal & Damani Share Brokers Inventory Turnover Calculation

Sugal & Damani Share Brokers'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 )
=	22.382	/ (	(0.238	+	163.387)	/	2 )
=	22.382	/	81.8125
=	0.27

Sugal & Damani Share Brokers'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	14.334	/ (	(0	+	163.387)	/	1 )
=	14.334	/	163.387
=	0.09

Sugal & Damani Share Brokers (BOM:511654) 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.

Sugal & Damani Share Brokers's Days Inventory for the three 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
	=	163.387	/	14.334	*	365 / 4
	=	1,040.12

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.

Sugal & Damani Share Brokers'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 )
	=	163.387	/	20.921
	=	7.81

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.

Sugal & Damani Share Brokers Inventory Turnover Related Terms

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Sugal & Damani Share Brokers (BOM:511654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sugal & Damani Share Brokers Ltd (BOM:511654) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002

Website

https://www.sugalshare.com

Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

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