Balkrishna Industries (NSE:BALKRISIND) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Balkrishna Industries Change In Inventory?

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

Balkrishna Industries's change in inventory for the fiscal year that ended in Mar. 2024 was ₹3,358 Mil. It means Balkrishna Industries's inventory declined by ₹3,358 Mil from Mar. 2023 to Mar. 2024 .

Balkrishna Industries's Total Inventories for the quarter that ended in Mar. 2024 was ₹13,315 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balkrishna Industries's Days Inventory for the quarter that ended in Mar. 2024 was 48.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Balkrishna Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.89.

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. Balkrishna Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Balkrishna Industries Change In Inventory Historical Data

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

Balkrishna Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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1,430.70

-3,240.80

-7,323.70

47.20

3,358.40

Balkrishna Industries 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															-	-	-	-	-

Balkrishna 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Balkrishna Industries (NSE:BALKRISIND) Change In Inventory Explanation

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

Balkrishna 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
	=	6657.65	/	12554.7	*	365 / 4
	=	48.39

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12554.7	/	6657.65
	=	1.89

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6657.65	/	26819.2
	=	0.25

Balkrishna Industries Change In Inventory Related Terms

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Balkrishna Industries (NSE:BALKRISIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkrishna Industries Ltd (NSE:BALKRISIND) » Definitions » Change In Inventory

Traded in Other Exchanges

502355:India

Address

Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.bkt-tires.com

Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

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