Steel Strips Wheels (NSE:SSWL) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Steel Strips Wheels Change In Inventory?

Steel Strips Wheels's change in inventory for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Steel Strips Wheels's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Steel Strips Wheels's change in inventory for the fiscal year that ended in Mar. 2024 was ₹370 Mil. It means Steel Strips Wheels's inventory declined by ₹370 Mil from Mar. 2023 to Mar. 2024 .

Steel Strips Wheels's Total Inventories for the quarter that ended in Mar. 2024 was ₹6,970 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Steel Strips Wheels's Days Inventory for the quarter that ended in Mar. 2024 was 45.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Steel Strips Wheels's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.00.

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. Steel Strips Wheels's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.

Steel Strips Wheels Change In Inventory Historical Data

The historical data trend for Steel Strips Wheels'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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Steel Strips Wheels Change In Inventory Chart

Steel Strips Wheels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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87.87

-1,671.73

-1,505.08

-869.60

369.95

Steel Strips Wheels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Steel Strips Wheels 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 Mil.

Steel Strips Wheels (NSE:SSWL) Change In Inventory Explanation

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

Steel Strips Wheels's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3484.76	/	6979.855	*	365 / 4
	=	45.56

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

Steel Strips Wheels's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6979.855	/	3484.76
	=	2.00

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.

Steel Strips Wheels's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3484.76	/	10686.724
	=	0.33

Steel Strips Wheels Change In Inventory Related Terms

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Steel Strips Wheels (NSE:SSWL) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Steel Strips Wheels Ltd (NSE:SSWL) » Definitions » Change In Inventory

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513262:India

Address

Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019

Website

https://www.sswlindia.com

Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

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