Mandeep Auto Industries (NSE:MANDEEP) Change In Inventory : ₹-30.5 Mil (TTM As of Mar. 2023)

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What is Mandeep Auto Industries Change In Inventory?

Mandeep Auto Industries's change in inventory for the quarter that ended in Mar. 2023 was ₹-30.5 Mil. It means Mandeep Auto Industries's inventory increased by ₹30.5 Mil from Mar. 2022 to Mar. 2023 .

Mandeep Auto Industries's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-30.5 Mil. It means Mandeep Auto Industries's inventory increased by ₹30.5 Mil from Mar. 2022 to Mar. 2023 .

Mandeep Auto Industries's Total Inventories for the quarter that ended in Mar. 2023 was ₹97.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mandeep Auto Industries's Days Inventory for the quarter that ended in Mar. 2023 was 61.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mandeep Auto Industries's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.98.

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. Mandeep Auto Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.28.

Mandeep Auto Industries Change In Inventory Historical Data

The historical data trend for Mandeep Auto 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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Mandeep Auto Industries Change In Inventory Chart

Mandeep Auto Industries Annual Data

Trend

Mar21

Mar22

Mar23

Change In Inventory

-20.58

-41.98

-30.54

Mandeep Auto Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Change In Inventory	-20.58	-41.98	-30.54

Mandeep Auto Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-30.5 Mil.

Mandeep Auto Industries (NSE:MANDEEP) Change In Inventory Explanation

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

Mandeep Auto 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
	=	82.2595	/	245.17	*	365 / 2
	=	61.23

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

Mandeep Auto Industries's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	245.17	/	82.2595
	=	2.98

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.

Mandeep Auto Industries's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	82.2595	/	290.891
	=	0.28

Mandeep Auto Industries Change In Inventory Related Terms

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Mandeep Auto Industries Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Feet Road, Plot No 26, Sector 53, Sarurpur Industrial Area, Nangla Gujran, Faridabad, HR, IND, 121001

Website

https://www.mandeepautoindustries.com

Mandeep Auto Industries Ltd is engaged in the business of manufacturing and supplying sheet metal components, auto parts, and all types of sprocket gears and machined components. The products of the company are used in various industries such as tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.

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