Elgi Equipments (NSE:ELGIEQUIP) Change In Inventory : ₹0 Mil (TTM As of Dec. 2023)

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What is Elgi Equipments Change In Inventory?

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

Elgi Equipments's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-1,193 Mil. It means Elgi Equipments's inventory increased by ₹1,193 Mil from Mar. 2022 to Mar. 2023 .

Elgi Equipments'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. Elgi Equipments's Days Inventory for the quarter that ended in Dec. 2023 was 71.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elgi Equipments's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.28.

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. Elgi Equipments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Elgi Equipments Change In Inventory Historical Data

The historical data trend for Elgi Equipments'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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Elgi Equipments Change In Inventory Chart

Elgi Equipments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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73.65

-268.85

7.37

-1,403.63

-1,193.07

Elgi Equipments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Elgi Equipments 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.

Elgi Equipments (NSE:ELGIEQUIP) Change In Inventory Explanation

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

Elgi Equipments's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3143.99	/	4016.11	*	365 / 4
	=	71.43

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

Elgi Equipments's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4016.11	/	3143.99
	=	1.28

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.

Elgi Equipments's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3143.99	/	8218.3
	=	0.38

Elgi Equipments Change In Inventory Related Terms

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Elgi Equipments (NSE:ELGIEQUIP) Business Description

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522074:India

Address

Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005

Website

https://www.elgi.com

Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors and air accessories. Geographically, it derives a majority of its revenue is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

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