NMDC Steel (BOM:543768) Change In Inventory : ₹-28,439 Mil (TTM As of Mar. 2024)

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What is NMDC Steel Change In Inventory?

NMDC Steel's change in inventory for the quarter that ended in Mar. 2024 was ₹-14,757 Mil. It means NMDC Steel's inventory increased by ₹14,757 Mil from Sep. 2023 to Mar. 2024 .

NMDC Steel's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-28,439 Mil. It means NMDC Steel's inventory increased by ₹28,439 Mil from Mar. 2023 to Mar. 2024 .

NMDC Steel's Total Inventories for the quarter that ended in Mar. 2024 was ₹37,034 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NMDC Steel's Days Inventory for the quarter that ended in Mar. 2024 was 150.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. NMDC Steel's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.21.

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. NMDC Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.07.

NMDC Steel Change In Inventory Historical Data

The historical data trend for NMDC Steel'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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NMDC Steel Change In Inventory Chart

NMDC Steel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-199.10

-8,198.60

-28,438.90

NMDC Steel Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial				-	-2,991.70	-5,206.90	-13,682.30	-14,756.60

NMDC Steel 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-28,439 Mil.

NMDC Steel (BOM:543768) Change In Inventory Explanation

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

NMDC Steel's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	29655.95	/	35861	*	365 / 2
	=	150.92

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35861	/	29655.95
	=	1.21

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29655.95	/	27715.8
	=	1.07

NMDC Steel Change In Inventory Related Terms

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NMDC Steel (BOM:543768) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » NMDC Steel Ltd (BOM:543768) » Definitions » Change In Inventory

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NSLNISP:India

Address

Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500028

Website

https://nmdcsteel.nmdc.co.in

NMDC Steel Ltd owns and operates mechanized iron ore mines. The company is producing about 35 MTPA of iron ore from its major iron-producing units in Bailadila Sector in Chhattisgarh and Donimalai.

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