Aakash Exploration Services (NSE:AAKASH) Inventory Turnover : 0.00 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Aakash Exploration Services 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. Aakash Exploration Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹113.8 Mil. Aakash Exploration Services's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aakash Exploration Services's Days Inventory for the three months ended in Mar. 2024 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. Aakash Exploration Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Aakash Exploration Services Inventory Turnover Historical Data

The historical data trend for Aakash Exploration Services'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.

Aakash Exploration Services Inventory Turnover Chart

Aakash Exploration Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

Aakash Exploration Services Quarterly Data
	Mar19	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															-	-	-	-	-

Aakash Exploration Services Inventory Turnover Calculation

Aakash Exploration Services'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 )
=	181.764	/ (	(0	+	0)	/	1 )
=	181.764	/	0
=	N/A

Aakash Exploration Services'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 )
=	113.773	/ (	(0	+	0)	/	1 )
=	113.773	/	0
=	N/A

Aakash Exploration Services (NSE:AAKASH) 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.

Aakash Exploration Services'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
	=	0	/	113.773	*	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.

Aakash Exploration Services'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 )
	=	0	/	308.922
	=	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.

Aakash Exploration Services Inventory Turnover Related Terms

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

Aakash Exploration Services (NSE:AAKASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aakash Exploration Services Ltd (NSE:AAKASH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

424-426, 4th Floor, Shukan Mall, Near Visat Petrol Pump, Sabarmati, Ahmedabad, GJ, IND, 380005

Website

https://www.aakashexploration.com

Aakash Exploration Services Ltd provides oil and gas field services in India. It offers mobile work over rigs, hot oil circulation units, air compressors, mobile steaming units, mobile pumping units, cranes, manpower services, SRP unit supply and maintenance, and other related services. The company derives revenue from the sale of services.

Aakash Exploration Services (NSE:AAKASH) Headlines

No Headlines