Stovec Industries (BOM:504959) Change In Inventory : ₹0 Mil (TTM As of Dec. 2023)

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What is Stovec Industries Change In Inventory?

Stovec Industries's change in inventory for the quarter that ended in Dec. 2023 was ₹0 Mil. It means Stovec Industries's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Stovec Industries's change in inventory for the fiscal year that ended in Dec. 2023 was ₹-10 Mil. It means Stovec Industries's inventory increased by ₹10 Mil from Dec. 2022 to Dec. 2023 .

Stovec Industries's Total Inventories for the quarter that ended in Dec. 2023 was ₹585 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stovec Industries's Days Inventory for the quarter that ended in Dec. 2023 was 67.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stovec Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.

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. Stovec Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.83.

Stovec Industries Change In Inventory Historical Data

The historical data trend for Stovec 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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Stovec Industries Change In Inventory Chart

Stovec Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-89.25

20.78

-83.43

-181.01

-9.99

Stovec Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Stovec 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 Mil.

Stovec Industries (BOM:504959) Change In Inventory Explanation

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

Stovec 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
	=	292.63	/	397.79	*	365 / 4
	=	67.13

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	397.79	/	292.63
	=	1.36

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	292.63	/	350.99
	=	0.83

Stovec Industries Change In Inventory Related Terms

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Stovec Industries (BOM:504959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stovec Industries Ltd (BOM:504959) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad, GJ, IND, 382 405

Website

https://www.spgprints.com

Stovec Industries Ltd is engaged in the production of Rotary Screens and Printing Machines and manufacturer of precision metal components. The firm operates in three verticals namely Textile Consumables and Textile Machinery, Graphics Product, and Galvanic. The textile consumables segment comprises perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machines, engraving equipment, components and spares, and digital ink. Graphics Products include anilox rollers, rotamesh screens, and rotaplate. The Galvanic segment consists of Galvano consumables. The Textile consumables segment is the most prominent segment for the firm contributing the majority of the total revenue primarily from India.

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