3M India (NSE:3MINDIA) Change In Inventory : ₹0 Mil (TTM As of Dec. 2023)

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What is 3M India Change In Inventory?

3M India's change in inventory for the quarter that ended in Dec. 2023 was ₹0 Mil. It means 3M India's inventory stayed the same from Sep. 2023 to Dec. 2023 .

3M India's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-1,212 Mil. It means 3M India's inventory increased by ₹1,212 Mil from Mar. 2022 to Mar. 2023 .

3M India's Total Inventories for the quarter that ended in Dec. 2023 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 3M India's Days Inventory for the quarter that ended in Dec. 2023 was 44.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. 3M India's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.06.

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. 3M India's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

3M India Change In Inventory Historical Data

The historical data trend for 3M India'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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3M India Change In Inventory Chart

3M India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-437.89

-273.93

-178.91

-330.32

-1,211.62

3M India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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3M India 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

3M India (NSE:3MINDIA) Change In Inventory Explanation

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

3M India's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2886.962	/	5956.002	*	365 / 4
	=	44.23

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

3M India's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5956.002	/	2886.962
	=	2.06

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.

3M India's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2886.962	/	10056.443
	=	0.29

3M India Change In Inventory Related Terms

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3M India (NSE:3MINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M India Ltd (NSE:3MINDIA) » Definitions » Change In Inventory

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523395:India

Address

36 Infantry Road, WeWork Prestige Central, 3rd Floor, Tasker Town, Bengaluru, KA, IND, 560001

Website

https://www.3m.com

3M India Ltd is an Indian conglomerate operating in various industries. The company's operating segments include Safety and Industrial which includes vinyl, polyester, foil, and specialty industrial tapes and adhesives and other specialty Materials. Transportation and Electronics consist of personal protection products, border control products, and passive fire protection products. Consumer business includes products scotch brand, adhesives, packaging protection platforms, and others whereas the Healthcare segment consists of medical and surgical supplies, medical devices, skin and wound care and infection prevention products and solutions, drug delivery systems, dental and orthodontic products, and food safety products.

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