Cosmic CRF (BOM:543928) Inventory Turnover : 3.57 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Cosmic CRF 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. Cosmic CRF's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,182 Mil. Cosmic CRF's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹331 Mil. Cosmic CRF's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cosmic CRF's Days Inventory for the six months ended in Mar. 2024 was 51.14.

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. Cosmic CRF's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Cosmic CRF Inventory Turnover Historical Data

The historical data trend for Cosmic CRF'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.

Cosmic CRF Inventory Turnover Chart

Cosmic CRF Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

5.55

8.18

Cosmic CRF Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	-	-	4.98	4.54	3.57

Cosmic CRF Inventory Turnover Calculation

Cosmic CRF'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 )
=	2297.705	/ (	(195.227	+	366.389)	/	2 )
=	2297.705	/	280.808
=	8.18

Cosmic CRF'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1181.767	/ (	(295.861	+	366.389)	/	2 )
=	1181.767	/	331.125
=	3.57

Cosmic CRF (BOM:543928) 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.

Cosmic CRF's Days Inventory for the six 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
	=	331.125	/	1181.767	*	365 / 2
	=	51.14

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.

Cosmic CRF'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 )
	=	331.125	/	1300.096
	=	0.25

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.

Cosmic CRF Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Cosmic CRF's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Cosmic CRF (BOM:543928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cosmic CRF Ltd (BOM:543928) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Monohar Pukur Road, Kolkata, WB, IND, 700 029

Website

https://www.cosmiccrf.com

Cosmic CRF Ltd engages in the manufacture and trade of railway components, cold rolled formed sections, forged items, non-forged items, steel plates and coils, tubes, and any other allied components and products for the railways, wagons locomotives, bogies, automobiles, passenger coaches, metro rail, and defense equipment.

Cosmic CRF (BOM:543928) Headlines

No Headlines