Virat Industries (BOM:530521) Change In Inventory : ₹0.0 Mil (TTM As of Mar. 2024)

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What is Virat Industries Change In Inventory?

Virat Industries's change in inventory for the quarter that ended in Mar. 2024 was ₹0.0 Mil. It means Virat Industries's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Virat Industries's change in inventory for the fiscal year that ended in Mar. 2024 was ₹41.1 Mil. It means Virat Industries's inventory declined by ₹41.1 Mil from Mar. 2023 to Mar. 2024 .

Virat Industries's Total Inventories for the quarter that ended in Mar. 2024 was ₹100.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Virat Industries's Days Inventory for the quarter that ended in Mar. 2024 was 201.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Virat Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.

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. Virat Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.88.

Virat Industries Change In Inventory Historical Data

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

Virat Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-14.81

16.20

-29.58

-52.73

41.13

Virat Industries 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															-	-	-	-	-

Virat 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

Virat Industries (BOM:530521) Change In Inventory Explanation

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

Virat 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
	=	50.1335	/	22.759	*	365 / 4
	=	201.01

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.759	/	50.1335
	=	0.45

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.1335	/	57.272
	=	0.88

Virat Industries Change In Inventory Related Terms

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Virat Industries (BOM:530521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Virat Industries Ltd (BOM:530521) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

226 Rajani Patel Marg, 74, Bajaj Bhavan, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.viratindustries.com

Virat Industries Ltd is engaged in the manufacturing of excellent quality socks for export mainly to the European markets. The socks are manufactured on the latest computerized electronic knitting machines by Lonati and Matec, Italy and KTM, Korea supported with balancing equipment from Spain and other European markets. The company possesses market recognition under the brand name Lord Walker. Most of its revenue is earned through the Switzerland market, while it also has a presence in the United Kingdom, India, and various other countries.

Virat Industries (BOM:530521) Headlines

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