International Conveyors (BOM:509709) Total Inventories : ₹288 Mil (As of Mar. 2024)

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What is International Conveyors Total Inventories?

International Conveyors's total inventories for the quarter that ended in Mar. 2024 was ₹288 Mil. International Conveyors's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹144 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. International Conveyors's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹7.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Conveyors's Days Inventory for the three months ended in Mar. 2024 was 123.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Conveyors's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

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. International Conveyors's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

International Conveyors Total Inventories Historical Data

The historical data trend for International Conveyors'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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International Conveyors Total Inventories Chart

International Conveyors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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280.18

240.78

313.40

251.20

287.80

International Conveyors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															251.20	-	202.70	-	287.80

International Conveyors 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.

International Conveyors (BOM:509709) 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.

International Conveyors's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1811.9	+	0.75 * 206.6	+	0.5 * 287.8	-	1662.8
-	0	-	0)	/	63.379
=	7.07

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

International Conveyors's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	143.9	/	106.4	*	365 / 4
	=	123.41

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	106.4	/	143.9
	=	0.74

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	143.9	/	259.6
	=	0.55

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.

International Conveyors Total Inventories Related Terms

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International Conveyors (BOM:509709) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » International Conveyors Ltd (BOM:509709) » Definitions » Total Inventories

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Traded in Other Exchanges

INTLCONV:India

Address

10, Middleton Row, Kolkata, WB, IND, 700071

Website

https://www.iclbelting.com

International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

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