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HLE Glascoat (BOM:522215) Total Inventories : ₹3,350 Mil (As of Sep. 2024)


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What is HLE Glascoat Total Inventories?

HLE Glascoat's total inventories for the quarter that ended in Sep. 2024 was ₹3,350 Mil. HLE Glascoat's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ₹1,675 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HLE Glascoat's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-60.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HLE Glascoat's Days Inventory for the three months ended in Sep. 2024 was 161.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. HLE Glascoat's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.56.

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. HLE Glascoat's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.71.


HLE Glascoat Total Inventories Historical Data

The historical data trend for HLE Glascoat'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.

HLE Glascoat Total Inventories Chart

HLE Glascoat 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 1,534.53 1,476.42 2,680.31 2,684.73 3,121.49

HLE Glascoat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,516.18 - 3,121.49 - 3,349.79

HLE Glascoat 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.


HLE Glascoat  (BOM:522215) 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.

HLE Glascoat's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(538.731+0.75 * 1558.166+0.5 * 3349.789-6696.279
-0-835.652)/68.2655
=-60.79

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

HLE Glascoat's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=1674.8945/943.514*365 / 4
=161.98

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

HLE Glascoat's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=943.514 / 1674.8945
=0.56

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.

HLE Glascoat's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1674.8945 / 2357.787
=0.71

* 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.


HLE Glascoat Total Inventories Related Terms

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HLE Glascoat Business Description

Traded in Other Exchanges
Address
Vitthal Udyognagar, H - 106, G.I.D.C. Estate, Phase - IV, Anand, GJ, IND, 388 121
HLE Glascoat Ltd is an Indian company engaged in the operating segments of Filtration, Drying and Other Equipment, Glass Lined Equipment, Heat Transfer Equipment. It offers products like Reactors, Receivers/storage tanks, Dryers, Filters, Columns, Agitators, Valves, Pipes and Fittings, among others. The company generates maximum revenue from Glass Lined Equipment segments. Geographically the group derives revenue from India and Outside India, of which key income is earned within India.

HLE Glascoat Headlines

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