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Indian Oil (NSE:IOC) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)


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What is Indian Oil Change In Inventory?

Indian Oil's change in inventory for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Indian Oil's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Indian Oil's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-3,123 Mil. It means Indian Oil's inventory increased by ₹3,123 Mil from Mar. 2023 to Mar. 2024 .

Indian Oil's Total Inventories for the quarter that ended in Mar. 2024 was ₹1,213,758 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Indian Oil's Days Inventory for the quarter that ended in Mar. 2024 was 31.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Indian Oil's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.88.

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. Indian Oil's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.


Indian Oil Change In Inventory Historical Data

The historical data trend for Indian Oil'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.

* Premium members only.

Indian Oil Change In Inventory Chart

Indian Oil Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100,965.30 -164,209.90 -283,369.90 -93,908.30 -3,122.80

Indian Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Indian Oil 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.


Indian Oil  (NSE:IOC) Change In Inventory Explanation

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

Indian Oil's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=606879.15/1746890*365 / 4
=31.70

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

Indian Oil's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Indian Oil's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=606879.15 / 1986497.6
=0.31

* 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.


Indian Oil Change In Inventory Related Terms

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Indian Oil (NSE:IOC) Business Description

Traded in Other Exchanges
Address
J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110 049
Indian Oil Corp Ltd conducts business across the energy value chain as India's national oil company. The Petroleum Products business generates the majority of the group's revenue. Indian Oil pursues exploration and production opportunities both domestically and internationally. Sale of Petrochemicals , Other operating segment of the Corporation comprises; Gas, Oil & Gas Exploration Activities, Explosives & Cryogenic Business and Wind Mill & Solar Power Generation. A network of pipelines in India not only transport oil from company fields but also to and from its refineries. The pipeline network spans across India and can move various petroleum products. The firm's refinery operations include a host of technologies for processing oil and gas to meet the needs of a diverse client base.

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