Globe Multi Ventures (BOM:540266) Change In Inventory : ₹0 Mil (TTM As of Dec. 2023)

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What is Globe Multi Ventures Change In Inventory?

Globe Multi Ventures's change in inventory for the quarter that ended in Dec. 2023 was ₹0 Mil. It means Globe Multi Ventures's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Globe Multi Ventures's change in inventory for the fiscal year that ended in Mar. 2023 was ₹2 Mil. It means Globe Multi Ventures's inventory declined by ₹2 Mil from Mar. 2022 to Mar. 2023 .

Globe Multi Ventures's Total Inventories for the quarter that ended in Dec. 2023 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globe Multi Ventures's Days Inventory for the quarter that ended in Dec. 2023 was 1.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Globe Multi Ventures's Inventory Turnover for the quarter that ended in Dec. 2023 was 56.81.

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. Globe Multi Ventures's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Globe Multi Ventures Change In Inventory Historical Data

The historical data trend for Globe Multi Ventures's Change In Inventory 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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Globe Multi Ventures Change In Inventory Chart

Globe Multi Ventures Annual Data

Trend

Mar14

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Mar21

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Mar23

Change In Inventory

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-14.93

2.09

Globe Multi Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Globe Multi Ventures Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Globe Multi Ventures (BOM:540266) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Globe Multi Ventures's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.063	/	401.236	*	365 / 4
	=	1.61

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Globe Multi Ventures's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	401.236	/	7.063
	=	56.81

3. 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.

Globe Multi Ventures's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.063	/	412.632
	=	0.02

Globe Multi Ventures Change In Inventory Related Terms

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Globe Multi Ventures (BOM:540266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Globe Multi Ventures Ltd (BOM:540266) » Definitions » Change In Inventory

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N/A

Address

Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009

Website

http://www.globecommercialsltd.com

Globe Multi Ventures Ltd is engaged in the business of buyer, seller, stockist, agent, brokers, commission agents, and others in agro commodities, sanitary ware, cotton, jute, and all other merchandise goods. The company also provides Management and Financial Consultancy.

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