Mid India Industries (BOM:500277) Change In Inventory : ₹0.00 Mil (TTM As of Dec. 2023)

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What is Mid India Industries Change In Inventory?

Mid India Industries's change in inventory for the quarter that ended in Dec. 2023 was ₹0.00 Mil. It means Mid India Industries's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Mid India Industries's change in inventory for the fiscal year that ended in Mar. 2023 was ₹8.89 Mil. It means Mid India Industries's inventory declined by ₹8.89 Mil from Mar. 2022 to Mar. 2023 .

Mid India Industries's Total Inventories for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mid India Industries's Days Inventory for the quarter that ended in Dec. 2023 was 13.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mid India Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.68.

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. Mid India Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Mid India Industries Change In Inventory Historical Data

The historical data trend for Mid India Industries'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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Mid India Industries Change In Inventory Chart

Mid India Industries Annual Data

Trend

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Mar23

Change In Inventory

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23.13

-11.04

8.89

Mid India Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Mid India Industries Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Mid India Industries (BOM:500277) Change In Inventory Explanation

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

Mid India Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2125	/	1.419	*	365 / 4
	=	13.66

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

Mid India Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.419	/	0.2125
	=	6.68

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.

Mid India Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2125	/	1.491
	=	0.14

Mid India Industries Change In Inventory Related Terms

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Mid India Industries (BOM:500277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mid India Industries Ltd (BOM:500277) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

401, Princess Centre, 6/3, New Palasia, Indore, MP, IND, 452003

Website

https://www.midindiaindustries.com

Mid India Industries Ltd is a textile manufacturing company. Principally, it is engaged in the preparation and spinning of cotton fiber including blended cotton. The company offers products under categories regular which consist of cotton yarn, polyester and cotton blended, and polyester yarns and special products including cotton and blended yarn spindles, and rotors. It operates in two business segments that is trading and leasing divison. The firm derives majority revenue through the manufacturing and trading activity of cotton /polyster Cotton blended yarn.

Mid India Industries (BOM:500277) Headlines

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