Ishan International (NSE:ISHAN) Total Inventories : ₹2.4 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Ishan International Total Inventories?

Ishan International's total inventories for the quarter that ended in Sep. 2023 was ₹2.4 Mil. Ishan International's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was ₹1.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ishan International's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ishan International's Days Inventory for the six months ended in Sep. 2023 was 4.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ishan International's Inventory Turnover for the quarter that ended in Sep. 2023 was 37.55.

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. Ishan International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Ishan International Total Inventories Historical Data

The historical data trend for Ishan International'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.

Ishan International Total Inventories Chart

Ishan International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Inventories

0.18

1.35

Ishan International Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Inventories	Get a 7-Day Free Trial			-	0.18	30.03	1.35	2.42

Ishan International 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.

Ishan International (NSE:ISHAN) 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.

Ishan International'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)
=	(30.502	+	0.75 * 90.271	+	0.5 * 2.421	-	99.931
-	0	-	0)	/	194.238
=	-0.00

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

Ishan International'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
	=	1.8845	/	70.77	*	365 / 2
	=	4.86

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

Ishan International'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 )
	=	70.77	/	1.8845
	=	37.55

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.

Ishan International'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 )
	=	1.8845	/	90.055
	=	0.02

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.

Ishan International Total Inventories Related Terms

Thank you for viewing the detailed overview of Ishan International's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Ishan International (NSE:ISHAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ishan International Ltd (NSE:ISHAN) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

1616, WTT Building, 16th Floor, Sector 16, Noida, UP, IND, 201301

Website

https://www.ishanglobal.com

Ishan International Ltd is a heavy engineering company. It is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.

Ishan International (NSE:ISHAN) Headlines

No Headlines