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Landmarc Leisure (BOM:532275) Inventory Turnover : 4.46 (As of Mar. 2024)


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What is Landmarc Leisure 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. Landmarc Leisure's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.52 Mil. Landmarc Leisure's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0.57 Mil. Landmarc Leisure's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Landmarc Leisure's Days Inventory for the three months ended in Mar. 2024 was 20.47.

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. Landmarc Leisure's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Landmarc Leisure Inventory Turnover Historical Data

The historical data trend for Landmarc Leisure'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.

* Premium members only.

Landmarc Leisure Inventory Turnover Chart

Landmarc Leisure Annual Data
Trend Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,116.20 163.00 120.00 246.38 10.77

Landmarc Leisure 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.33 4.60 0.21 0.79 4.46

Landmarc Leisure Inventory Turnover Calculation

Landmarc Leisure'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 )
=4.64 / ((0.297 + 0.565) / 2 )
=4.64 / 0.431
=10.77

Landmarc Leisure'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 )
=2.519 / ((0 + 0.565) / 1 )
=2.519 / 0.565
=4.46

* 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.


Landmarc Leisure  (BOM:532275) 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.

Landmarc Leisure'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
=0.565/2.519*365 / 4
=20.47

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.

Landmarc Leisure'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 )
=0.565 / 1.56
=0.36

* 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.


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.


Landmarc Leisure Inventory Turnover Related Terms

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Landmarc Leisure (BOM:532275) Business Description

Traded in Other Exchanges
N/A
Address
115 R.K. Paramhans Marg, Old Nagardas Road, 303, Raaj Chamber, Near Andheri Station Subway, Andheri (East), Mumbai, MH, IND, 400069
Landmarc Leisure Corp Ltd is engaged in broadcasting and showing original films, sound, recording, radio, and television programs. It has completed the production of a Marathi movie 'Medium Spicy'. It is also engaged in the development, production, marketing, and distribution of feature films, documentaries, and short films and promotes all kinds of cinema, filmmaking, and creativity. The company is also interested in the wellness, and education sectors. The company has forayed into the wellness industry with the launch of Svastii Spa & Salon, a new-age Unisex Wellness destination, and with the Svastii Wellness Academy, LLCL has taken the first steps into the education sector.

Landmarc Leisure (BOM:532275) Headlines

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