Zomato (BOM:543320) Inventory Turnover : 9.82 (As of Mar. 2024)

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What is Zomato 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. Zomato's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹8,640 Mil. Zomato's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹880 Mil. Zomato's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zomato's Days Inventory for the three months ended in Mar. 2024 was 9.29.

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. Zomato's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Zomato Inventory Turnover Historical Data

The historical data trend for Zomato'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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Zomato Inventory Turnover Chart

Zomato Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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37.19

20.72

21.29

22.79

33.77

Zomato Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial												5.26	6.99	8.07	8.79	9.82

Zomato Inventory Turnover Calculation

Zomato'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 )
=	28820	/ (	(827	+	880)	/	2 )
=	28820	/	853.5
=	33.77

Zomato'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 )
=	8640	/ (	(0	+	880)	/	1 )
=	8640	/	880
=	9.82

Zomato (BOM:543320) 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.

Zomato'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
	=	880	/	8640	*	365 / 4
	=	9.29

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.

Zomato'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 )
	=	880	/	35620
	=	0.02

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.

Zomato Inventory Turnover Related Terms

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Zomato (BOM:543320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zomato Ltd (BOM:543320) » Definitions » Inventory Turnover

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ZOMATO:India

Address

Golf Course Extension Road, Sector 62, Pioneer Square Building, Gurgaon, HR, IND, 122 098

Website

https://www.zomato.com

Zomato Ltd is an online food service platform. The customers use the platform to search and discover restaurants, read and write customer-generated reviews and view and upload photos, order food delivery, book a table, and make payments while dining out at restaurants. Its segment includes India food ordering and delivery; Hyperpure supplies, Quicl commerce business, and All other segments. The company generates maximum revenue from the India food ordering and delivery segment.

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