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Shiv Aum Steels (NSE:SHIVAUM) Change In Inventory : ₹-291 Mil (TTM As of Sep. 2024)


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What is Shiv Aum Steels Change In Inventory?

Shiv Aum Steels's change in inventory for the quarter that ended in Sep. 2024 was ₹-211 Mil. It means Shiv Aum Steels's inventory increased by ₹211 Mil from Mar. 2024 to Sep. 2024 .

Shiv Aum Steels's change in inventory for the fiscal year that ended in Mar. 2024 was ₹10 Mil. It means Shiv Aum Steels's inventory declined by ₹10 Mil from Mar. 2023 to Mar. 2024 .

Shiv Aum Steels's Total Inventories for the quarter that ended in Sep. 2024 was ₹1,092 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shiv Aum Steels's Days Inventory for the quarter that ended in Sep. 2024 was 75.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shiv Aum Steels's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.41.

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. Shiv Aum Steels's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.39.


Shiv Aum Steels Change In Inventory Historical Data

The historical data trend for Shiv Aum Steels'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.

* Premium members only.

Shiv Aum Steels Change In Inventory Chart

Shiv Aum Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Inventory
Get a 7-Day Free Trial 16.77 -126.74 -158.02 -177.86 10.22

Shiv Aum Steels Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.80 -218.66 90.67 -80.45 -210.65

Shiv Aum Steels 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 ₹-291 Mil.

* 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.


Shiv Aum Steels  (NSE:SHIVAUM) Change In Inventory Explanation

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

Shiv Aum Steels's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=986.205/2380.194*365 / 2
=75.62

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

Shiv Aum Steels's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Shiv Aum Steels's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

* 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.


Shiv Aum Steels Change In Inventory Related Terms

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Shiv Aum Steels Business Description

Traded in Other Exchanges
N/A
Address
Western Express Way, A.K. Road, Office No. 515, The Summit Business Bay, Opposite PVR Cinemas, Andheri (East), Mumbai, MH, IND, 400093
Shiv Aum Steels Ltd is engaged in trading mild steel products such as beams, angles, plates, channels, coils, and Thermo mechanically treated (TMT) bars. It operates as a trader, stockist, and distributor of steel products. The product offerings range from different types of Beams, Angles, Channels, TMT Bars, Rails, Sheets, Plates, and Coils including various sub-categories of the said products like I-beam, H-beam, L-shaped angles, T-shaped angles, C-channels and Sheets and Plates of varied thickness and dimensions. The company derives revenue from rendering of the engineering consultancy services.

Shiv Aum Steels Headlines

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