Vivid Mercantile (BOM:542046) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Vivid Mercantile 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. Vivid Mercantile's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹58.49 Mil. Vivid Mercantile's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vivid Mercantile's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Vivid Mercantile's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Vivid Mercantile Inventory Turnover Historical Data

The historical data trend for Vivid Mercantile'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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Vivid Mercantile Inventory Turnover Chart

Vivid Mercantile Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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4.85

11.97

2.97

1.49

0.21

Vivid Mercantile Quarterly Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.02	0.03	0.05	0.19	-

Vivid Mercantile Inventory Turnover Calculation

Vivid Mercantile'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 )
=	45.348	/ (	(147.266	+	280.563)	/	2 )
=	45.348	/	213.9145
=	0.21

Vivid Mercantile'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	58.485	/ (	(0	+	0)	/	1 )
=	58.485	/	0
=	N/A

Vivid Mercantile (BOM:542046) 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.

Vivid Mercantile'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
	=	0	/	58.485	*	365 / 4
	=	0.00

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.

Vivid Mercantile'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 )
	=	0	/	4.785
	=	0.00

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.

Vivid Mercantile Inventory Turnover Related Terms

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Vivid Mercantile (BOM:542046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vivid Mercantile Ltd (BOM:542046) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Basement Medicare Centre, Behind M. J. Library, Opposite Stock Exchange, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

http://www.vividmercantile.com

Vivid Mercantile Ltd is engaged in the business of printing, trading of general merchandise, and real estate. The company offers multi-color offset printing services, single color offset printing services, commercial printing services for calendars, catalogs, brochures, posters, and annual reports manuals.

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