Azure Power Global (Azure Power Global) Total Inventories : $0.0 Mil (As of Mar. 2022)

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What is Azure Power Global Total Inventories?

Azure Power Global's total inventories for the quarter that ended in Mar. 2022 was $0.0 Mil. Azure Power Global's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Azure Power Global's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-26.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Azure Power Global's Days Inventory for the three months ended in Mar. 2022 was 0.00.

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

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. Azure Power Global's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.

Azure Power Global Total Inventories Historical Data

The historical data trend for Azure Power Global's Total Inventories 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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Azure Power Global Total Inventories Chart

Azure Power Global Annual Data

Trend

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Total Inventories

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0.16

Azure Power Global Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Mar23
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	0.16

Azure Power Global Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Azure Power Global (OTCPK:AZREF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Azure Power Global's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

	Net-Net Working Capital Per Share (Q: Mar. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(246.779	+	0.75 * 79.289	+	0.5 * 0	-	1982.462
-	0	-	8.689)	/	64.1615
=	-26.26

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

Azure Power Global's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	0	/	6.681	*	365 / 4
	=	0.00

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

Azure Power Global's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2022 )	/	Average Total Inventories (Q: Mar. 2022 )
	=	6.681	/	0
	=	N/A

4. 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.

Azure Power Global's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	0	/	66.085
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Azure Power Global Total Inventories Related Terms

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Azure Power Global (Azure Power Global) Business Description

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Address

Saket Place, 5th Floor, Southern Park, D-II, Saket, New Delhi, IND, 110017

Website

https://www.azurepower.com

Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. The Company has a single operating and reporting segment: Sale of power.