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ZF Steering Gear (India) (BOM:505163) Total Inventories : ₹0 Mil (As of Dec. 2024)


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What is ZF Steering Gear (India) Total Inventories?

ZF Steering Gear (India)'s total inventories for the quarter that ended in Dec. 2024 was ₹0 Mil. ZF Steering Gear (India)'s average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ₹356 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ZF Steering Gear (India)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₹N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZF Steering Gear (India)'s Days Inventory for the three months ended in Dec. 2024 was 43.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZF Steering Gear (India)'s Inventory Turnover for the quarter that ended in Dec. 2024 was 2.08.

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. ZF Steering Gear (India)'s Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.


ZF Steering Gear (India) Total Inventories Historical Data

The historical data trend for ZF Steering Gear (India)'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.

* Premium members only.

ZF Steering Gear (India) Total Inventories Chart

ZF Steering Gear (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 232.70 375.50 575.20 581.50 671.50

ZF Steering Gear (India) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 671.50 - 712.50 -

ZF Steering Gear (India) 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.


ZF Steering Gear (India)  (BOM:505163) 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.

ZF Steering Gear (India)'s Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/9.073
=N/A

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

ZF Steering Gear (India)'s Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=356.25/742.4*365 / 4
=43.79

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

ZF Steering Gear (India)'s Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=742.4 / 356.25
=2.08

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.

ZF Steering Gear (India)'s Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=356.25 / 1175.8
=0.30

* 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.


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.


ZF Steering Gear (India) Total Inventories Related Terms

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ZF Steering Gear (India) Business Description

Traded in Other Exchanges
N/A
Address
CTS No: 10+10A, Connaught Road, Pride Parmar Galaxy, 3rd Floor, Sadhu Vaswani Chowk, Pune, MH, IND, 411001
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.

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