Euro India Fresh Foods (NSE:EIFFL) Total Inventories : ₹625 Mil (As of Mar. 2023)

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What is Euro India Fresh Foods Total Inventories?

Euro India Fresh Foods's total inventories for the quarter that ended in Mar. 2023 was ₹625 Mil. Euro India Fresh Foods's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹624 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Euro India Fresh Foods's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-3.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Euro India Fresh Foods's Days Inventory for the six months ended in Mar. 2023 was 112.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Euro India Fresh Foods's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.62.

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. Euro India Fresh Foods's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.45.

Euro India Fresh Foods Total Inventories Historical Data

The historical data trend for Euro India Fresh Foods'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.

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Euro India Fresh Foods Total Inventories Chart

Euro India Fresh Foods Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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361.35

466.80

563.80

622.90

624.80

Euro India Fresh Foods Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Total Inventories	Get a 7-Day Free Trial							361.35	466.80	563.80	622.90	624.80

Euro India Fresh Foods 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.

Euro India Fresh Foods (NSE:EIFFL) 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.

Euro India Fresh Foods'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)
=	(4.5	+	0.75 * 224.5	+	0.5 * 624.8	-	575.4
-	0	-	0)	/	24.8
=	-3.63

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

Euro India Fresh Foods'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
	=	623.85	/	1010	*	365 / 2
	=	112.73

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

Euro India Fresh Foods'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 )
	=	1010	/	623.85
	=	1.62

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.

Euro India Fresh Foods'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 )
	=	623.85	/	1388.6
	=	0.45

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.

Euro India Fresh Foods Total Inventories Related Terms

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Euro India Fresh Foods (NSE:EIFFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Euro India Fresh Foods Ltd (NSE:EIFFL) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.euroindiafoods.com

Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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