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Trident Techlabs (NSE:TECHLABS) Change In Inventory : ₹-9.0 Mil (TTM As of Mar. 2024)


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What is Trident Techlabs Change In Inventory?

Trident Techlabs's change in inventory for the quarter that ended in Mar. 2024 was ₹-9.0 Mil. It means Trident Techlabs's inventory increased by ₹9.0 Mil from Mar. 2023 to Mar. 2024 .

Trident Techlabs's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-9.0 Mil. It means Trident Techlabs's inventory increased by ₹9.0 Mil from Mar. 2023 to Mar. 2024 .

Trident Techlabs's Total Inventories for the quarter that ended in Mar. 2024 was ₹24.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trident Techlabs's Days Inventory for the quarter that ended in Mar. 2024 was 8.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trident Techlabs's Inventory Turnover for the quarter that ended in Mar. 2024 was 21.92.

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. Trident Techlabs's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Trident Techlabs Change In Inventory Historical Data

The historical data trend for Trident Techlabs'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.

Trident Techlabs Change In Inventory Chart

Trident Techlabs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Inventory
-19.42 13.50 1.75 -9.02

Trident Techlabs Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Change In Inventory -19.42 13.50 1.75 -9.02

Trident Techlabs 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 ₹-9.0 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.

Trident Techlabs  (NSE:TECHLABS) Change In Inventory Explanation

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

Trident Techlabs's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=20.192/442.648*365 / 2
=8.32

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=442.648 / 20.192
=21.92

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=20.192 / 726.206
=0.03

* 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.

Trident Techlabs Change In Inventory Related Terms

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Trident Techlabs Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Techlabs Ltd (NSE:TECHLABS) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055
Website
https://www.tridenttechlabs.com
Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

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