Abbott India (BOM:500488) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Abbott India Change In Inventory?

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

Abbott India's change in inventory for the fiscal year that ended in Mar. 2024 was ₹293 Mil. It means Abbott India's inventory declined by ₹293 Mil from Mar. 2023 to Mar. 2024 .

Abbott India's Total Inventories for the quarter that ended in Mar. 2024 was ₹6,196 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abbott India's Days Inventory for the quarter that ended in Mar. 2024 was 35.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abbott India's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.60.

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. Abbott India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Abbott India Change In Inventory Historical Data

The historical data trend for Abbott 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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Abbott India Change In Inventory Chart

Abbott India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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796.20

-1,904.20

297.80

389.70

292.60

Abbott India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

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

Abbott India (BOM:500488) Change In Inventory Explanation

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

Abbott 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
	=	3097.9	/	8059	*	365 / 4
	=	35.08

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8059	/	3097.9
	=	2.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3097.9	/	14386.3
	=	0.22

Abbott India Change In Inventory Related Terms

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Abbott India (BOM:500488) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Abbott India Ltd (BOM:500488) » Definitions » Change In Inventory

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ABBOTINDIA:India

Address

15-16th Floor, Godrej BKC, Plot C-68, G Block, Near MCA Club, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.abbott.co.in

Abbott India Ltd is a major drug manufacturing company that offers products offerings in diagnostics, medical devices, nutritionals, and branded generic pharmaceuticals. The vast majority of the company's revenue is generated in the India. The company's patient focus centers overwhelmingly toward women's health and gastrointestine, gastroenterology, and hepatic care. The company expects an increased use of collaboration with strategic partners as a component of its growth strategy.

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