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Ascom Leasing & Investments (NSE:ASCOM) Inventory Turnover : 0.00 (As of Mar. 2023)


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What is Ascom Leasing & Investments 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. Ascom Leasing & Investments's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹18.6 Mil. Ascom Leasing & Investments's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ascom Leasing & Investments's Days Inventory for the six months ended in Mar. 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. Ascom Leasing & Investments's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.00.


Ascom Leasing & Investments Inventory Turnover Historical Data

The historical data trend for Ascom Leasing & Investments'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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Ascom Leasing & Investments Inventory Turnover Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
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Ascom Leasing & Investments Semi-Annual Data
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Ascom Leasing & Investments Inventory Turnover Calculation

Ascom Leasing & Investments'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 )
=18.567 / ((0 + 0) / 1 )
=18.567 / 0
=N/A

Ascom Leasing & Investments's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=18.567 / ((0 + 0) / 1 )
=18.567 / 0
=N/A

* 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.


Ascom Leasing & Investments  (NSE:ASCOM) 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.

Ascom Leasing & Investments's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=0/18.567*365 / 2
=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.

Ascom Leasing & Investments's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=0 / 120.28
=0.00

* 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.


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.


Ascom Leasing & Investments Inventory Turnover Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

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