Black Box (NSE:BBOX) Inventory Turnover : 5.02 (As of Mar. 2024)

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What is Black Box 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. Black Box's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12,380 Mil. Black Box's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,464 Mil. Black Box's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Black Box's Days Inventory for the three months ended in Mar. 2024 was 18.16.

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. Black Box's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

Black Box Inventory Turnover Historical Data

The historical data trend for Black Box'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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Black Box Inventory Turnover Chart

Black Box Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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16.72

15.02

24.86

19.10

17.85

Black Box Quarterly Data
	Jun19	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															4.08	3.81	4.02	4.23	5.02

Black Box Inventory Turnover Calculation

Black Box'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 )
=	54303.8	/ (	(3620	+	2463.9)	/	2 )
=	54303.8	/	3041.95
=	17.85

Black Box'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 )
=	12380	/ (	(0	+	2463.9)	/	1 )
=	12380	/	2463.9
=	5.02

Black Box (NSE:BBOX) 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.

Black Box'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
	=	2463.9	/	12380	*	365 / 4
	=	18.16

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.

Black Box'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 )
	=	2463.9	/	14803.5
	=	0.17

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.

Black Box Inventory Turnover Related Terms

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Black Box (NSE:BBOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Black Box Ltd (NSE:BBOX) » Definitions » Inventory Turnover

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500463:India

Address

Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708

Website

https://www.blackbox.com

Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are System Integration (SI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure and data center, cyber security (CYBER-i), and digital transformation and applications.

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