Dish TV India (Dish TV India) Inventory Turnover : 0.37 (As of Dec. 2023)

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What is Dish TV 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. Dish TV India's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.6 Mil. Dish TV India's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.6 Mil. Dish TV India's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dish TV India's Days Inventory for the three months ended in Dec. 2023 was 245.01.

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. Dish TV India's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Dish TV India Inventory Turnover Historical Data

The historical data trend for Dish TV 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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Dish TV India Inventory Turnover Chart

Dish TV India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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103.79

32.60

33.21

40.53

53.13

Dish TV India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.42	46.33	0.26	0.49	0.37

Dish TV India Inventory Turnover Calculation

Dish TV India'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 )
=	74.836	/ (	(1.25	+	1.567)	/	2 )
=	74.836	/	1.4085
=	53.13

Dish TV India'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.581	/ (	(1.56	+	0)	/	1 )
=	0.581	/	1.56
=	0.37

Dish TV India (OTCPK:DTTVY) 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.

Dish TV India'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
	=	1.56	/	0.581	*	365 / 4
	=	245.01

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.

Dish TV India'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 )
	=	1.56	/	56.486
	=	0.03

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.

Dish TV India Inventory Turnover Related Terms

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Dish TV India (Dish TV India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dish TV India Ltd (OTCPK:DTTVY) » Definitions » Inventory Turnover

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DISHTV:India 532839:India DTVL:UK DT0:Germany

Address

FC-19, Sector 16 A, Film City, Noida, UP, IND, 201301

Website

https://www.dishd2h.com

Dish TV India Ltd provides direct-to-home and teleport services as part of the Indian media conglomerate Zee Group. DishTV generates most of its revenue by selling direct-to-home subscriptions, majority of which are prepaid. DishTV also sells advertising and leases and sells digital signal receiving equipment, such as set-top-boxes and dish antenna. Another source of revenue is from broadcasters paying bandwidth fees to keep content on a prime band. The company generates the vast majority of revenue in India.

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