Pattech Fitwell Tube Components (NSE:PATTECH) Change In Inventory : ₹-11.4 Mil (TTM As of Sep. 2023)

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What is Pattech Fitwell Tube Components Change In Inventory?

Pattech Fitwell Tube Components's change in inventory for the quarter that ended in Sep. 2023 was ₹-11.4 Mil. It means Pattech Fitwell Tube Components's inventory increased by ₹11.4 Mil from Mar. 2022 to Sep. 2023 .

Pattech Fitwell Tube Components's change in inventory for the fiscal year that ended in Mar. 2022 was ₹-18.2 Mil. It means Pattech Fitwell Tube Components's inventory increased by ₹18.2 Mil from Mar. 2021 to Mar. 2022 .

Pattech Fitwell Tube Components's Total Inventories for the quarter that ended in Sep. 2023 was ₹41.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pattech Fitwell Tube Components's Days Inventory for the quarter that ended in Sep. 2023 was 36.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pattech Fitwell Tube Components's Inventory Turnover for the quarter that ended in Sep. 2023 was 4.97.

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. Pattech Fitwell Tube Components's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.18.

Pattech Fitwell Tube Components Change In Inventory Historical Data

The historical data trend for Pattech Fitwell Tube Components'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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Pattech Fitwell Tube Components Change In Inventory Chart

Pattech Fitwell Tube Components Annual Data

Trend

Mar20

Mar21

Mar22

Change In Inventory

13.13

-5.41

-18.25

Pattech Fitwell Tube Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Change In Inventory	-	-	-	-11.40

Pattech Fitwell Tube Components 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-11.4 Mil.

Pattech Fitwell Tube Components (NSE:PATTECH) Change In Inventory Explanation

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

Pattech Fitwell Tube Components's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	33.8125	/	168.087	*	365 / 2
	=	36.71

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

Pattech Fitwell Tube Components's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	168.087	/	33.8125
	=	4.97

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.

Pattech Fitwell Tube Components's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	33.8125	/	188.74
	=	0.18

Pattech Fitwell Tube Components Change In Inventory Related Terms

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Pattech Fitwell Tube Components Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pattech Fitwell Tube Components Ltd (NSE:PATTECH) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243

Website

https://www.pftcpipefittings.com

Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

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