Innovative Ideals and Services (India) (BOM:541983) Change In Inventory : ₹72.68 Mil (TTM As of Sep. 2023)

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What is Innovative Ideals and Services (India) Change In Inventory?

Innovative Ideals and Services (India)'s change in inventory for the quarter that ended in Sep. 2023 was ₹1.52 Mil. It means Innovative Ideals and Services (India)'s inventory declined by ₹1.52 Mil from Mar. 2023 to Sep. 2023 .

Innovative Ideals and Services (India)'s change in inventory for the fiscal year that ended in Mar. 2023 was ₹56.57 Mil. It means Innovative Ideals and Services (India)'s inventory declined by ₹56.57 Mil from Mar. 2022 to Mar. 2023 .

Innovative Ideals and Services (India)'s Total Inventories for the quarter that ended in Sep. 2023 was ₹66.83 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innovative Ideals and Services (India)'s Days Inventory for the quarter that ended in Sep. 2023 was 8,064.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innovative Ideals and Services (India)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 0.02.

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. Innovative Ideals and Services (India)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 31.37.

Innovative Ideals and Services (India) Change In Inventory Historical Data

The historical data trend for Innovative Ideals and Services (India)'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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Innovative Ideals and Services (India) Change In Inventory Chart

Innovative Ideals and Services (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-32.19

22.46

40.56

6.37

56.57

Innovative Ideals and Services (India) Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial											1.79	4.58	-14.58	71.15	1.52

Innovative Ideals and Services (India) 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹72.68 Mil.

Innovative Ideals and Services (India) (BOM:541983) Change In Inventory Explanation

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

Innovative Ideals and Services (India)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	68.1385	/	1.542	*	365 / 2
	=	8,064.38

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

Innovative Ideals and Services (India)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.542	/	68.1385
	=	0.02

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.

Innovative Ideals and Services (India)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.1385	/	2.172
	=	31.37

Innovative Ideals and Services (India) Change In Inventory Related Terms

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Innovative Ideals and Services (India) (BOM:541983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Innovative Ideals and Services (India) Ltd (BOM:541983) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Ajit Glass Road, E- 202, 2nd Floor, Skypark, Near Oshiwara Garden, Oshiwara, Goregoan (West), Mumbai, MH, IND, 400104

Website

https://www.innovative.in

Innovative Ideals and Services (India) Ltd is engaged in the business of providing products and solutions in the electronics security space. It offers integrated security and surveillance solutions with high-tech electronic systems, such as Video Door Phone, Audio Door Phone, Access Controls, Home Automation Systems, Intrusion Alarm System, CCTV Systems, Fire Alarm Systems, and Telecom Products. Its brand name comprises of Onyx, Inok, ehomes, Yale, and others. Geographically, the activities are carried out through India.

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