United Drilling Tools (BOM:522014) Change In Inventory : ₹0 Mil (TTM As of Dec. 2023)

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What is United Drilling Tools Change In Inventory?

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

United Drilling Tools's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-210 Mil. It means United Drilling Tools's inventory increased by ₹210 Mil from Mar. 2022 to Mar. 2023 .

United Drilling Tools's Total Inventories for the quarter that ended in Dec. 2023 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Drilling Tools's Days Inventory for the quarter that ended in Dec. 2023 was 333.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Drilling Tools's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.27.

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. United Drilling Tools's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.39.

United Drilling Tools Change In Inventory Historical Data

The historical data trend for United Drilling Tools'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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United Drilling Tools Change In Inventory Chart

United Drilling Tools Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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382.79

2.18

-715.74

-209.81

United Drilling Tools 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															-	-	-	-	-

United Drilling Tools 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.

United Drilling Tools (BOM:522014) Change In Inventory Explanation

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

United Drilling Tools's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	812.2545	/	222.025	*	365 / 4
	=	333.83

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

United Drilling Tools's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	222.025	/	812.2545
	=	0.27

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.

United Drilling Tools's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	812.2545	/	339.537
	=	2.39

United Drilling Tools Change In Inventory Related Terms

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United Drilling Tools (BOM:522014) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Drilling Tools Ltd (BOM:522014) » Definitions » Change In Inventory

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UNIDT:India

Address

26th Floor, Astralis Tower, Supernova Complex, Gautam Budh Nagar, Sector-94, Noida, UP, IND, 201301

Website

https://www.udtltd.com

United Drilling Tools Ltd is a manufacturer of Oilfield Equipment. Its product profile includes Wireline Winch Units, Artificial Gas Lift Equipments, Fast Make-Up High-Performance Connectors, Down Hole Tools, and Casing Pipe with Connectors. The company operates in domestic as well as international markets.

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