Siddhika Coatings (NSE:SIDDHIKA) Change In Inventory : ₹2.6 Mil (TTM As of Mar. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Siddhika Coatings Change In Inventory?

Siddhika Coatings's change in inventory for the quarter that ended in Mar. 2022 was ₹8.7 Mil. It means Siddhika Coatings's inventory declined by ₹8.7 Mil from Sep. 2021 to Mar. 2022 .

Siddhika Coatings's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-17.8 Mil. It means Siddhika Coatings's inventory increased by ₹17.8 Mil from Mar. 2022 to Mar. 2023 .

Siddhika Coatings's Total Inventories for the quarter that ended in Mar. 2022 was ₹27.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siddhika Coatings's Days Inventory for the quarter that ended in Mar. 2022 was 99.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Siddhika Coatings's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.84.

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. Siddhika Coatings's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.27.

Siddhika Coatings Change In Inventory Historical Data

The historical data trend for Siddhika Coatings'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.

Siddhika Coatings Change In Inventory Chart

Siddhika Coatings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

Get a 7-Day Free Trial

-14.09

2.46

-3.85

2.58

-17.83

Siddhika Coatings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Change In Inventory	Get a 7-Day Free Trial			-4.00	0.15	-6.16	8.74	-

Siddhika Coatings 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹2.6 Mil.

Siddhika Coatings (NSE:SIDDHIKA) Change In Inventory Explanation

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

Siddhika Coatings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	32.1715	/	59.24	*	365 / 2
	=	99.11

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

Siddhika Coatings's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	59.24	/	32.1715
	=	1.84

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.

Siddhika Coatings's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.1715	/	119.595
	=	0.27

Siddhika Coatings Change In Inventory Related Terms

Thank you for viewing the detailed overview of Siddhika Coatings's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Siddhika Coatings (NSE:SIDDHIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Siddhika Coatings Ltd (NSE:SIDDHIKA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019

Website

https://www.siddhika.com

Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. The paints industry is mainly divided into two segments Decorative and Industrial. The decorative segment accounts for a portion of the paint industry's value, around 75%, and the industrial segment accounts for the rest 25% of the industry's value.

Siddhika Coatings (NSE:SIDDHIKA) Headlines

No Headlines