Quest Laboratories (NSE:QUESTLAB) Change In Inventory : ₹0.0 Mil (TTM As of Mar. 2024)

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What is Quest Laboratories Change In Inventory?

Quest Laboratories's change in inventory for the quarter that ended in Mar. 2024 was ₹0.0 Mil. It means Quest Laboratories's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Quest Laboratories's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-49.7 Mil. It means Quest Laboratories's inventory increased by ₹49.7 Mil from Mar. 2023 to Mar. 2024 .

Quest Laboratories's Total Inventories for the quarter that ended in Mar. 2024 was ₹161.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quest Laboratories's Days Inventory for the quarter that ended in Mar. 2024 was 93.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quest Laboratories's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.

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. Quest Laboratories's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

Quest Laboratories Change In Inventory Historical Data

The historical data trend for Quest Laboratories'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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Quest Laboratories Change In Inventory Chart

Quest Laboratories Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Inventory

34.12

-2.59

-100.70

-49.66

Quest Laboratories Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Quest Laboratories 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

Quest Laboratories (NSE:QUESTLAB) Change In Inventory Explanation

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

Quest Laboratories's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	138.4805	/	135.557	*	365 / 4
	=	93.22

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

Quest Laboratories's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	135.557	/	138.4805
	=	0.98

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.

Quest Laboratories's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	138.4805	/	204.83
	=	0.68

Quest Laboratories Change In Inventory Related Terms

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Quest Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Quest Laboratories Ltd (NSE:QUESTLAB) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 45, Sector III, Pithampur Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.questlabltd.com

Quest Laboratories Ltd is engaged in the business of manufacturing pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more. It produces various products, comprising ethical drugs, generic drugs, and over-the-counter drugs, and is also available in various forms such as tablets, liquid orals, oral dry powders, oral powders (ORS), ointments, and external liquids.

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