Pritika Engineering Components (NSE:PRITIKA) Change In Inventory : ₹-52.8 Mil (TTM As of Mar. 2023)

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What is Pritika Engineering Components Change In Inventory?

Pritika Engineering Components's change in inventory for the quarter that ended in Mar. 2023 was ₹117.3 Mil. It means Pritika Engineering Components's inventory declined by ₹117.3 Mil from Sep. 2022 to Mar. 2023 .

Pritika Engineering Components's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-52.8 Mil. It means Pritika Engineering Components's inventory increased by ₹52.8 Mil from Mar. 2022 to Mar. 2023 .

Pritika Engineering Components's Total Inventories for the quarter that ended in Mar. 2023 was ₹154.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pritika Engineering Components's Days Inventory for the quarter that ended in Mar. 2023 was 95.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pritika Engineering Components's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.91.

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. Pritika Engineering Components's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.42.

Pritika Engineering Components Change In Inventory Historical Data

The historical data trend for Pritika Engineering 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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Pritika Engineering Components Change In Inventory Chart

Pritika Engineering Components Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-5.87

-41.15

-5.41

-52.75

Pritika Engineering Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Change In Inventory	-	-	-	-170.02	117.26

Pritika Engineering 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-52.8 Mil.

Pritika Engineering Components (NSE:PRITIKA) Change In Inventory Explanation

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

Pritika Engineering 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
	=	162.4525	/	309.6	*	365 / 2
	=	95.76

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

Pritika Engineering Components's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	309.6	/	162.4525
	=	1.91

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.

Pritika Engineering Components's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	162.4525	/	390.095
	=	0.42

Pritika Engineering Components Change In Inventory Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pritika Engineering Components Ltd (NSE:PRITIKA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055

Website

https://www.pritikaengineering.com

Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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