Yaan Enterprises (BOM:538521) Inventory Turnover : 0.62 (As of Mar. 2024)

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What is Yaan Enterprises 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. Yaan Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14.70 Mil. Yaan Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹23.80 Mil. Yaan Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yaan Enterprises's Days Inventory for the three months ended in Mar. 2024 was 147.72.

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. Yaan Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.24.

Yaan Enterprises Inventory Turnover Historical Data

The historical data trend for Yaan Enterprises'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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Yaan Enterprises Inventory Turnover Chart

Yaan Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.03

0.87

0.29

0.60

1.37

Yaan Enterprises 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															0.31	0.05	0.05	0.63	0.62

Yaan Enterprises Inventory Turnover Calculation

Yaan Enterprises'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 )
=	39.267	/ (	(33.551	+	23.802)	/	2 )
=	39.267	/	28.6765
=	1.37

Yaan Enterprises'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 )
=	14.703	/ (	(0	+	23.802)	/	1 )
=	14.703	/	23.802
=	0.62

Yaan Enterprises (BOM:538521) 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.

Yaan Enterprises'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
	=	23.802	/	14.703	*	365 / 4
	=	147.72

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.

Yaan Enterprises'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 )
	=	23.802	/	19.127
	=	1.24

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.

Yaan Enterprises Inventory Turnover Related Terms

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Yaan Enterprises (BOM:538521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Yaan Enterprises Ltd (BOM:538521) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

PL-22 Lakhanis Dolphin, Shop-10, Sector-13, New Panvel, Raigarh, Navi Mumbai, MH, IND, 410206

Website

https://www.yaanenterprises.com

Yaan Enterprises Ltd is involved in the business of Tour Operator, Sale of precious and semi precious stones and works contract services in relation to Construction activities. The company is organized into various reportable operating divisions: Travel and Tourism Operations and Sales of Precious and Semi-Precious Stones and Works contract services in relation to Construction activities. Its products and services comprise inbound leisure holidays packages, the designer made holidays, special interest tours, convention and incentive tours, and cruise and air charter handling.

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