VXL Instruments (BOM:517399) Inventory Turnover : 3.83 (As of Dec. 2023)

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What is VXL Instruments 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. VXL Instruments's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹16.57 Mil. VXL Instruments's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹4.32 Mil. VXL Instruments's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VXL Instruments's Days Inventory for the three months ended in Dec. 2023 was 23.81.

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. VXL Instruments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

VXL Instruments Inventory Turnover Historical Data

The historical data trend for VXL Instruments'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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VXL Instruments Inventory Turnover Chart

VXL Instruments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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1.83

2.69

2.31

7.09

6.01

VXL Instruments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.16	1.34	2.28	1.93	3.83

VXL Instruments Inventory Turnover Calculation

VXL Instruments's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	57.712	/ (	(9.717	+	9.491)	/	2 )
=	57.712	/	9.604
=	6.01

VXL Instruments's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	16.571	/ (	(4.324	+	0)	/	1 )
=	16.571	/	4.324
=	3.83

VXL Instruments (BOM:517399) 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.

VXL Instruments's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4.324	/	16.571	*	365 / 4
	=	23.81

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.

VXL Instruments's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4.324	/	23.621
	=	0.18

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.

VXL Instruments Inventory Turnover Related Terms

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VXL Instruments (BOM:517399) Business Description

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Address

Chakala Andheri Kurla Road, Unit No. 252, 5th Floor, Building No. 2, Solitaire Corporate Park, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.vxl.net

VXL Instruments Ltd is an India-based company engaged in the production, distribution, and sales of Data processing units. The company operates into two business segments: the Data processing segment, which comprises of manufacturing and sales of data processing units and which also contributes to the major part of revenue; and the Service charges segment which comprises of revenue from maintenance charges. Its products include thin client hardware with a wide range of models available for Windows Embedded and Linux or without an operating system and also software for homeworking, unified endpoint management, PC repurposing, and digital signage. Majority of its revenue is generated from India.

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