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Aban Offshore (BOM:523204) Total Inventories : ₹1,193 Mil (As of Sep. 2024)


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What is Aban Offshore Total Inventories?

Aban Offshore's total inventories for the quarter that ended in Sep. 2024 was ₹1,193 Mil. Aban Offshore's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ₹596 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aban Offshore's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-4,383.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aban Offshore's Days Inventory for the three months ended in Sep. 2024 was 255.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aban Offshore's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.36.

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. Aban Offshore's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.52.


Aban Offshore Total Inventories Historical Data

The historical data trend for Aban Offshore'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.

Aban Offshore Total Inventories Chart

Aban Offshore 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 4,614.17 2,897.56 1,963.57 966.16 1,120.71

Aban Offshore 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 1,065.34 - 1,120.71 - 1,192.87

Aban Offshore 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.


Aban Offshore  (BOM:523204) 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.

Aban Offshore'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)
=(1489.84+0.75 * 800.06+0.5 * 1192.87-258544.62
-0-0)/58.3653
=-4,383.74

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

Aban Offshore'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
=596.435/212.7*365 / 4
=255.88

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

Aban Offshore'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 )
=212.7 / 596.435
=0.36

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.

Aban Offshore'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 )
=596.435 / 1152
=0.52

* 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.


Aban Offshore Total Inventories Related Terms

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Aban Offshore Business Description

Traded in Other Exchanges
Address
113 Pantheon Road, Janpriya Crest, Egmore, Chennai, TN, IND, 600 008
Aban Offshore Ltd is an Indian company engaged in the business of providing offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas both in domestic and international markets. It generates maximum revenue from drilling services. It serves Southeast Asia, South Asia, Latin America, West Africa, and the Middle East.

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