Piotex Industries (BOM:544178) Change In Inventory : ₹-14.2 Mil (TTM As of Sep. 2024)

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What is Piotex Industries Change In Inventory?

Piotex Industries's change in inventory for the quarter that ended in Sep. 2024 was ₹-14.2 Mil. It means Piotex Industries's inventory increased by ₹14.2 Mil from Mar. 2024 to Sep. 2024 .

Piotex Industries's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-1.2 Mil. It means Piotex Industries's inventory increased by ₹1.2 Mil from Mar. 2023 to Mar. 2024 .

Piotex Industries's Total Inventories for the quarter that ended in Sep. 2024 was ₹16.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Piotex Industries's Days Inventory for the quarter that ended in Sep. 2024 was 2.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Piotex Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 69.00.

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. Piotex Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.

Piotex Industries Change In Inventory Historical Data

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

Piotex Industries Annual Data

Trend

Mar22

Mar23

Mar24

Change In Inventory

-80.88

84.79

-1.19

Piotex Industries Semi-Annual Data
	Mar22	Mar23	Mar24	Sep24
Change In Inventory	-	-	-	-14.22

Piotex 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-14.2 Mil.

Piotex Industries (BOM:544178) Change In Inventory Explanation

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

Piotex 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
	=	9.0955	/	627.615	*	365 / 2
	=	2.64

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	627.615	/	9.0955
	=	69.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.0955	/	657.476
	=	0.01

Piotex Industries Change In Inventory Related Terms

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Piotex Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Piotex Industries Ltd (BOM:544178) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

F/II Block, Plot No. 16/2, M.I.D.C., Pimpri, Pune, MH, IND, 411018

Website

https://www.piotexindustries.com

Piotex Industries Ltd is in business of contract manufacturing and trading of yarn, fabric and cotton bales. Its Products are used for various purposes such as garments & home furnishings, etc. The company is engaged mainly in 2 activities: 1. Trading of Cotton Bales, Synthetic Fiber, Cotton Yarn and Fabric 2. Manufacturing through job work and Fabric Weaving.

Piotex Industries Headlines

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