Quality Foils (India) (NSE:QFIL) Change In Inventory : ₹-1 Mil (TTM As of Sep. 2023)

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What is Quality Foils (India) Change In Inventory?

Quality Foils (India)'s change in inventory for the quarter that ended in Sep. 2023 was ₹35 Mil. It means Quality Foils (India)'s inventory declined by ₹35 Mil from Mar. 2023 to Sep. 2023 .

Quality Foils (India)'s change in inventory for the fiscal year that ended in Mar. 2023 was ₹22 Mil. It means Quality Foils (India)'s inventory declined by ₹22 Mil from Mar. 2022 to Mar. 2023 .

Quality Foils (India)'s Total Inventories for the quarter that ended in Sep. 2023 was ₹135 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quality Foils (India)'s Days Inventory for the quarter that ended in Sep. 2023 was 39.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quality Foils (India)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 4.57.

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. Quality Foils (India)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.19.

Quality Foils (India) Change In Inventory Historical Data

The historical data trend for Quality Foils (India)'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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Quality Foils (India) Change In Inventory Chart

Quality Foils (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

0.83

21.05

-61.91

22.29

Quality Foils (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	58.27	-35.97	34.58

Quality Foils (India) 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 ₹-1 Mil.

Quality Foils (India) (NSE:QFIL) Change In Inventory Explanation

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

Quality Foils (India)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	152.6565	/	697.336	*	365 / 2
	=	39.95

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

Quality Foils (India)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	697.336	/	152.6565
	=	4.57

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.

Quality Foils (India)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	152.6565	/	812.006
	=	0.19

Quality Foils (India) Change In Inventory Related Terms

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Quality Foils (India) (NSE:QFIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Quality Foils (India) Ltd (NSE:QFIL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Industrial Development Colony, Hisar, HR, IND, 125005

Website

https://www.qualitygroup.in

Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

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