Garg Furnace (BOM:530615) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Garg Furnace Change In Inventory?

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

Garg Furnace's change in inventory for the fiscal year that ended in Mar. 2024 was ₹78 Mil. It means Garg Furnace's inventory declined by ₹78 Mil from Mar. 2023 to Mar. 2024 .

Garg Furnace's Total Inventories for the quarter that ended in Mar. 2024 was ₹76 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Garg Furnace's Days Inventory for the quarter that ended in Mar. 2024 was 5.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Garg Furnace's Inventory Turnover for the quarter that ended in Mar. 2024 was 16.21.

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. Garg Furnace's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

Garg Furnace Change In Inventory Historical Data

The historical data trend for Garg Furnace'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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Garg Furnace Change In Inventory Chart

Garg Furnace Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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65.50

-6.97

-56.18

13.81

78.39

Garg Furnace 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															-	-	-	-	-

Garg Furnace 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.

Garg Furnace (BOM:530615) Change In Inventory Explanation

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

Garg Furnace's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	38.1405	/	618.183	*	365 / 4
	=	5.63

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	618.183	/	38.1405
	=	16.21

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38.1405	/	710.164
	=	0.05

Garg Furnace Change In Inventory Related Terms

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Garg Furnace (BOM:530615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Garg Furnace Ltd (BOM:530615) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120

Website

https://www.gargfurnacelimited.com

Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.

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