Goyallt (NSE:GOYALSALT) Change In Inventory : ₹6 Mil (TTM As of Mar. 2023)

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What is Goyallt Change In Inventory?

Goyallt's change in inventory for the quarter that ended in Mar. 2023 was ₹6 Mil. It means Goyallt's inventory declined by ₹6 Mil from Mar. 2022 to Mar. 2023 .

Goyallt's change in inventory for the fiscal year that ended in Mar. 2023 was ₹6 Mil. It means Goyallt's inventory declined by ₹6 Mil from Mar. 2022 to Mar. 2023 .

Goyallt's Total Inventories for the quarter that ended in Mar. 2023 was ₹45 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goyallt's Days Inventory for the quarter that ended in Mar. 2023 was 8.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goyallt's Inventory Turnover for the quarter that ended in Mar. 2023 was 21.34.

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. Goyallt's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.04.

Goyallt Change In Inventory Historical Data

The historical data trend for Goyallt'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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Goyallt Change In Inventory Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

18.25

-20.36

-3.84

6.28

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Change In Inventory	18.25	-20.36	-3.84	6.28

Goyallt Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 was ₹6 Mil.

Goyallt (NSE:GOYALSALT) Change In Inventory Explanation

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

Goyallt's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	48.5915	/	1037.053	*	365 / 2
	=	8.55

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

Goyallt's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1037.053	/	48.5915
	=	21.34

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.

Goyallt's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.5915	/	1176.419
	=	0.04

Goyallt Change In Inventory Related Terms

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Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

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