Minaxi Textiles (BOM:531456) Change In Inventory : ₹0.0 Mil (TTM As of Mar. 2024)

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What is Minaxi Textiles Change In Inventory?

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

Minaxi Textiles's change in inventory for the fiscal year that ended in Mar. 2024 was ₹7.5 Mil. It means Minaxi Textiles's inventory declined by ₹7.5 Mil from Mar. 2023 to Mar. 2024 .

Minaxi Textiles's Total Inventories for the quarter that ended in Mar. 2024 was ₹90.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minaxi Textiles's Days Inventory for the quarter that ended in Mar. 2024 was 43.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minaxi Textiles's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.08.

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. Minaxi Textiles's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

Minaxi Textiles Change In Inventory Historical Data

The historical data trend for Minaxi Textiles'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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Minaxi Textiles Change In Inventory Chart

Minaxi Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-24.40

-14.80

65.69

69.42

7.51

Minaxi Textiles 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															-	-	-	-	-

Minaxi Textiles 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.

Minaxi Textiles (BOM:531456) Change In Inventory Explanation

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

Minaxi Textiles's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	45.2555	/	94.1	*	365 / 4
	=	43.88

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	94.1	/	45.2555
	=	2.08

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.2555	/	88.116
	=	0.51

Minaxi Textiles Change In Inventory Related Terms

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Minaxi Textiles (BOM:531456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Minaxi Textiles Ltd (BOM:531456) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Plot Number 3311, GIDC, Phase-IV, Chhatral, Taluka-Kalol, Gandhinagar, GJ, IND, 382729

Website

https://www.minaxitextiles.com

Minaxi Textiles Ltd is an integrated textile solutions enterprise. The company is engaged in weaving and manufacturing of cotton and cotton mixture fabrics. In addition, the company supplies uniforms to government and semi-government departments. The company deals in suiting products having a specialty in fancy suiting fabrics. Its products include suiting lycra fabric, cotton quilts, broken twill fabric, and satin fabric.

Minaxi Textiles (BOM:531456) Headlines

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