Shigan Quantum Technologies (NSE:SHIGAN) Change In Inventory : ₹-23 Mil (TTM As of Sep. 2024)

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What is Shigan Quantum Technologies Change In Inventory?

Shigan Quantum Technologies's change in inventory for the quarter that ended in Sep. 2024 was ₹11 Mil. It means Shigan Quantum Technologies's inventory declined by ₹11 Mil from Mar. 2024 to Sep. 2024 .

Shigan Quantum Technologies's change in inventory for the fiscal year that ended in Mar. 2024 was ₹39 Mil. It means Shigan Quantum Technologies's inventory declined by ₹39 Mil from Mar. 2023 to Mar. 2024 .

Shigan Quantum Technologies's Total Inventories for the quarter that ended in Sep. 2024 was ₹507 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shigan Quantum Technologies's Days Inventory for the quarter that ended in Sep. 2024 was 111.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shigan Quantum Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.64.

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. Shigan Quantum Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.49.

Shigan Quantum Technologies Change In Inventory Historical Data

The historical data trend for Shigan Quantum Technologies'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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Shigan Quantum Technologies Change In Inventory Chart

Shigan Quantum Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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10.27

10.19

-11.76

38.64

Shigan Quantum Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Inventory	Get a 7-Day Free Trial					-11.76	-	72.83	-34.19	11.45

Shigan Quantum Technologies 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 ₹-23 Mil.

Shigan Quantum Technologies (NSE:SHIGAN) Change In Inventory Explanation

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

Shigan Quantum Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	512.467	/	841.323	*	365 / 2
	=	111.16

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

Shigan Quantum Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	841.323	/	512.467
	=	1.64

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.

Shigan Quantum Technologies's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	512.467	/	1056.61
	=	0.49

Shigan Quantum Technologies Change In Inventory Related Terms

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Shigan Quantum Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shigan Quantum Technologies Ltd (NSE:SHIGAN) » Definitions » Change In Inventory

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Address

Alier Bhangrola Road, Hall No. 2, 3, 6-8, Ground Floor and First floor, Shyam Udyog Parisar, Khasra No. 25/1, 15/3/2, IMT Manesar, Gurugram, HR, IND, 122052

Website

https://www.shigan-quantum.com

Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of alternate fuel systems components, including compressed natural gas, liquefied natural gas, and hydrogen fuel kit systems for original equipment manufacturer suppliers to the auto industry. The company manufactures alternate fuel systems for heavy-duty vehicles, light-duty vehicles, and off-highway applications. Its product portfolio includes CNG filters, engine control units, fuel rails, injectors, filler valves, and others.

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