Sheetal Universal (NSE:SHEETAL) Change In Inventory : ₹4 Mil (TTM As of Mar. 2024)

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What is Sheetal Universal Change In Inventory?

Sheetal Universal's change in inventory for the quarter that ended in Mar. 2024 was ₹4 Mil. It means Sheetal Universal's inventory declined by ₹4 Mil from Mar. 2023 to Mar. 2024 .

Sheetal Universal's change in inventory for the fiscal year that ended in Mar. 2024 was ₹4 Mil. It means Sheetal Universal's inventory declined by ₹4 Mil from Mar. 2023 to Mar. 2024 .

Sheetal Universal's Total Inventories for the quarter that ended in Mar. 2024 was ₹60 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sheetal Universal's Days Inventory for the quarter that ended in Mar. 2024 was 9.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sheetal Universal's Inventory Turnover for the quarter that ended in Mar. 2024 was 19.94.

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. Sheetal Universal's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

Sheetal Universal Change In Inventory Historical Data

The historical data trend for Sheetal Universal'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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Sheetal Universal Change In Inventory Chart

Sheetal Universal Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Inventory

-12.21

-0.36

-33.15

4.39

Sheetal Universal Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Change In Inventory	-12.21	-0.36	-33.15	4.39

Sheetal Universal Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 was ₹4 Mil.

Sheetal Universal (NSE:SHEETAL) Change In Inventory Explanation

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

Sheetal Universal's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	62.6305	/	1249.07	*	365 / 2
	=	9.15

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1249.07	/	62.6305
	=	19.94

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	62.6305	/	1319.453
	=	0.05

Sheetal Universal Change In Inventory Related Terms

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Sheetal Universal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sheetal Universal Ltd (NSE:SHEETAL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Feet Ring Road, Office No. 348, 2nd Floor, ISCON Mall, Rajkot, GJ, IND, 360005

Website

https://www.sheetaluniversal.com

Sheetal Universal Ltd is engaged in sourcing, processing and supply in agriculture commodities like peanut, sesame seeds, spice and grains to cater the manufacturer of peanut butter, biscuits, cakes, chocolate and food products.

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