Capfin India (BOM:539198) Inventory Turnover : 0.77 (As of Mar. 2024)

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What is Capfin India 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. Capfin India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.33 Mil. Capfin India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1.74 Mil. Capfin India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Capfin India's Days Inventory for the three months ended in Mar. 2024 was 118.93.

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. Capfin India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.95.

Capfin India Inventory Turnover Historical Data

The historical data trend for Capfin India'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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Capfin India Inventory Turnover Chart

Capfin India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.97

Capfin India 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															-	-	-	-	0.77

Capfin India Inventory Turnover Calculation

Capfin India'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 )
=	1.692	/ (	(0	+	1.736)	/	1 )
=	1.692	/	1.736
=	0.97

Capfin India'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 )
=	1.332	/ (	(0	+	1.736)	/	1 )
=	1.332	/	1.736
=	0.77

Capfin India (BOM:539198) 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.

Capfin India'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
	=	1.736	/	1.332	*	365 / 4
	=	118.93

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.

Capfin India'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 )
	=	1.736	/	1.83
	=	0.95

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.

Capfin India Inventory Turnover Related Terms

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Capfin India (BOM:539198) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capfin India Ltd (BOM:539198) » Definitions » Inventory Turnover

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Address

New Rohtak Road, 1C/13, Basement Rajnigandha Building, New Delhi, IND, 110005

Website

https://www.capfinindia.com

Capfin India Ltd is a non-banking financial company. It deals in the investment business, shares, stocks, and securities. It also deals in underwriting, share stock, debentures, debentures stock, bonds, mortgages, obligations, and securities. It also acts as a service agent and offers after-sale services including technical consultancy. Capfin generates revenue from the sale of shares and interest income from loan advances. The Company operates in a single segment that is ''providing loans to corporates and non-corporates".

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