Kritika Wires (NSE:KRITIKA) Change In Inventory : ₹-22 Mil (TTM As of Mar. 2024)

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What is Kritika Wires Change In Inventory?

Kritika Wires's change in inventory for the quarter that ended in Mar. 2024 was ₹50 Mil. It means Kritika Wires's inventory declined by ₹50 Mil from Sep. 2023 to Mar. 2024 .

Kritika Wires's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-22 Mil. It means Kritika Wires's inventory increased by ₹22 Mil from Mar. 2023 to Mar. 2024 .

Kritika Wires's Total Inventories for the quarter that ended in Mar. 2024 was ₹438 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kritika Wires's Days Inventory for the quarter that ended in Mar. 2024 was 41.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kritika Wires's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.35.

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. Kritika Wires's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Kritika Wires Change In Inventory Historical Data

The historical data trend for Kritika Wires'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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Kritika Wires Change In Inventory Chart

Kritika Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-58.00

3.99

-77.61

-32.78

-21.74

Kritika Wires Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial												-86.90	-	-	-72.08	50.34

Kritika Wires 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 ₹-22 Mil.

Kritika Wires (NSE:KRITIKA) Change In Inventory Explanation

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

Kritika Wires's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	463.1695	/	2014.706	*	365 / 2
	=	41.96

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2014.706	/	463.1695
	=	4.35

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	463.1695	/	2258.119
	=	0.21

Kritika Wires Change In Inventory Related Terms

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Kritika Wires (NSE:KRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156

Website

https://www.kritikawires.com

Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

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