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Dollex Agrotech (NSE:DOLLEX) Total Inventories : ₹905 Mil (As of Sep. 2023)


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What is Dollex Agrotech Total Inventories?

Dollex Agrotech's total inventories for the quarter that ended in Sep. 2023 was ₹905 Mil. Dollex Agrotech's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was ₹959 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dollex Agrotech's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-19.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dollex Agrotech's Days Inventory for the six months ended in Sep. 2023 was 384.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dollex Agrotech's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.47.

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. Dollex Agrotech's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.71.


Dollex Agrotech Total Inventories Historical Data

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech Total Inventories Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Inventories
294.03 401.92 384.25 1,012.51

Dollex Agrotech Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Total Inventories Get a 7-Day Free Trial 401.92 384.25 - 1,012.51 905.10

Dollex Agrotech 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.


Dollex Agrotech  (NSE:DOLLEX) 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.

Dollex Agrotech's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.694+0.75 * 300.67+0.5 * 905.101-1082.274
-0-0)/19.951
=-19.57

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

Dollex Agrotech's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=958.8035/455.037*365 / 2
=384.54

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

Dollex Agrotech's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=455.037 / 958.8035
=0.47

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.

Dollex Agrotech's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=958.8035 / 561.194
=1.71

* 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.


Dollex Agrotech Total Inventories Related Terms

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Dollex Agrotech (NSE:DOLLEX) Business Description

Traded in Other Exchanges
N/A
Address
19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

Dollex Agrotech (NSE:DOLLEX) Headlines

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