GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ion Exchange (India) Ltd (BOM:500214) » Definitions » Total Inventories

Ion Exchange (India) (BOM:500214) Total Inventories : ₹2,223 Mil (As of Mar. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Ion Exchange (India) Total Inventories?

Ion Exchange (India)'s total inventories for the quarter that ended in Mar. 2023 was ₹2,223 Mil. Ion Exchange (India)'s average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹2,016 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ion Exchange (India)'s Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-10.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ion Exchange (India)'s Days Inventory for the six months ended in Mar. 2023 was 85.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ion Exchange (India)'s Inventory Turnover for the quarter that ended in Mar. 2023 was 2.14.

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. Ion Exchange (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.32.


Ion Exchange (India) Total Inventories Historical Data

The historical data trend for Ion Exchange (India)'s Total Inventories 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.

Ion Exchange (India) Total Inventories Chart

Ion Exchange (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,297.60 1,345.00 1,275.95 1,809.60 2,222.59

Ion Exchange (India) Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,297.60 1,345.00 1,275.95 1,809.60 2,222.59

Ion Exchange (India) Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Ion Exchange (India)  (BOM:500214) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ion Exchange (India)'s Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3393.043+0.75 * 6967.925+0.5 * 2222.587-11043.449
-0-23.09)/122.93
=-10.87

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

Ion Exchange (India)'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
=2016.093/4316.868*365 / 2
=85.23

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

Ion Exchange (India)'s Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=4316.868 / 2016.093
=2.14

4. 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.

Ion Exchange (India)'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 )
=2016.093 / 6364.684
=0.32

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Ion Exchange (India) Total Inventories Related Terms

Thank you for viewing the detailed overview of Ion Exchange (India)'s Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Ion Exchange (India) (BOM:500214) Business Description

Traded in Other Exchanges
Address
Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.

Ion Exchange (India) (BOM:500214) Headlines

No Headlines