Precision Metaliks (NSE:PRECISION) Change In Inventory : ₹-12 Mil (TTM As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Precision Metaliks Change In Inventory?

Precision Metaliks's change in inventory for the quarter that ended in Sep. 2024 was ₹-7 Mil. It means Precision Metaliks's inventory increased by ₹7 Mil from Mar. 2024 to Sep. 2024 .

Precision Metaliks's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-1 Mil. It means Precision Metaliks's inventory increased by ₹1 Mil from Mar. 2023 to Mar. 2024 .

Precision Metaliks's Total Inventories for the quarter that ended in Sep. 2024 was ₹13 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Precision Metaliks's Days Inventory for the quarter that ended in Sep. 2024 was 2.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Precision Metaliks's Inventory Turnover for the quarter that ended in Sep. 2024 was 78.40.

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. Precision Metaliks's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.

Precision Metaliks Change In Inventory Historical Data

The historical data trend for Precision Metaliks'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.

* Premium members only.

Precision Metaliks Change In Inventory Chart

Precision Metaliks Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

Get a 7-Day Free Trial

-7.70

-147.93

83.73

67.17

-0.85

Precision Metaliks Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Inventory	Get a 7-Day Free Trial					48.49	18.68	4.33	-5.18	-7.30

Precision Metaliks 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-12 Mil.

Precision Metaliks (NSE:PRECISION) Change In Inventory Explanation

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

Precision Metaliks's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	9.2195	/	722.835	*	365 / 2
	=	2.33

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

Precision Metaliks's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	722.835	/	9.2195
	=	78.40

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.

Precision Metaliks's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.2195	/	775.945
	=	0.01

Precision Metaliks Change In Inventory Related Terms

Thank you for viewing the detailed overview of Precision Metaliks's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Precision Metaliks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Precision Metaliks Ltd (NSE:PRECISION) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flat No. 202, CBM Compound, No. 9-19-43, Suryadev Apartments, Visakhapatnam, AP, IND, 530003

Website

https://www.precision-metaliks.com

Precision Metaliks Ltd is engaged in trading and manufacturing aluminum alloy wheels in a wide variety of sizes and finishing alloy wheels. The company is engaged in the processing of semi-finished alloy wheels by rendering value-added services and other engineering services.

Precision Metaliks Headlines

No Headlines