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PVR INOX (NSE:PVRINOX) Inventory Turnover : 4.97 (As of Mar. 2024)


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What is PVR INOX 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. PVR INOX's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,600 Mil. PVR INOX's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹725 Mil. PVR INOX's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PVR INOX's Days Inventory for the three months ended in Mar. 2024 was 18.38.

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. PVR INOX's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.


PVR INOX Inventory Turnover Historical Data

The historical data trend for PVR INOX'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.

PVR INOX Inventory Turnover Chart

PVR INOX Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.85 3.55 16.55 22.44 27.52

PVR INOX 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.31 6.10 7.74 5.91 4.97

PVR INOX Inventory Turnover Calculation

PVR INOX'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 )
=19107 / ((663.7 + 725) / 2 )
=19107 / 694.35
=27.52

PVR INOX'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 )
=3600 / ((0 + 725) / 1 )
=3600 / 725
=4.97

* 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.


PVR INOX  (NSE:PVRINOX) 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.

PVR INOX'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
=725/3600*365 / 4
=18.38

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.

PVR INOX'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 )
=725 / 12564
=0.06

* 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.


PVR INOX Inventory Turnover Related Terms

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PVR INOX (NSE:PVRINOX) Business Description

Traded in Other Exchanges
Address
Block A, 4th Floor, Building No. 9A, DLF Cyber City, Phase-III, Gurgaon, HR, IND, 122002
PVR INOX Ltd is a diversified media company engaged in the film entertainment industry. The company has two primary business segments, which includes movie exhibition and others. The movie exhibition business segment operates a chain of movie theaters, which generates revenue through ticket sales, food and beverage sales, and in-cinema advertising. The other business segment operates complementary ventures such as restaurants and bowling. The company generates the vast majority of its revenue in India.

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