Fenoplast (BOM:526689) Total Inventories: ₹599 Mil (As of Mar. 2020)

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BOM:526689 Fenoplast Ltd BOM:526689
4 GF Score
Price ₹13.04
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What is Fenoplast Total Inventories?

Fenoplast BOM:526689 4 Total Inventories is ₹599 Mil as of Mar. 2020. GuruFocus rates BOM:526689 with a GF Score™ of 4/100.

Fenoplast's total inventories for the quarter that ended in Mar. 2020 was ₹599 Mil. Fenoplast's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Mar. 2020 was ₹299 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fenoplast's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was ₹-108.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fenoplast's Days Inventory for the three months ended in Mar. 2020 was 62.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fenoplast's Inventory Turnover for the quarter that ended in Mar. 2020 was 1.45.

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. Fenoplast's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 1.20.


Fenoplast  (BOM:526689) 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.

Fenoplast's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 is

Net-Net Working Capital Per Share (Q: Mar. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.075+0.75 * 365.084+0.5 * 598.59-1071.165
-0-0)/4.600
=-108.04

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

Fenoplast's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2020 )/Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=299.295/434.729*365 / 4
=62.82

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

Fenoplast's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2020 ) / Average Total Inventories (Q: Mar. 2020 )
=434.729 / 299.295
=1.45

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.

Fenoplast's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=299.295 / 249.432
=1.20

* 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.


Fenoplast Total Inventories Related Terms


Fenoplast Total Inventories Historical Data

* Premium members only.

The historical data trend for Fenoplast'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.

Fenoplast Total Inventories Chart

Fenoplast Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 393.22 480.58 557.20 652.85 598.59

Fenoplast Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 652.85 0.00 694.34 0.00 598.59
BOM:526689
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Fenoplast Ltd BOM:526689
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Fenoplast 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹599 Mil mean?
Fenoplast (BOM:526689) has a Total Inventories of ₹599 Mil as of Mar. 2020. The total amount of inventory as recorded on a company's balance sheet. View historical data for Fenoplast and its competitors.
Is Fenoplast's Total Inventories too high?
Fenoplast's current Total Inventories is ₹599 Mil. Overall, Fenoplast has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fenoplast's Total Inventories compare to LIN and ECL?
Fenoplast's Total Inventories of ₹599 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Chemicals company?
A good Total Inventories depends on the Chemicals industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Fenoplast and its competitors. Fenoplast's current Total Inventories is ₹599 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenoplast stock overvalued right now?
Fenoplast (BOM:526689) has a current Total Inventories of ₹599 Mil. The current Total Inventories is ₹599 Mil. Fenoplast's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Fenoplast (BOM:526689), the current Total Inventories is ₹599 Mil as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fenoplast Business Description

Address 306-308, Chenoy Trade Centre, Parklane, Secunderabad, TG, IND, 500003
Fenoplast Ltd manufactures PVC Film and PVC Leather Cloth. PVC Film is used in the pharma industry for tablets packaging, healthcare products packaging and in the packaging of consumer goods like shaving products, tooth brushes, batteries, tools, and toys, among others. PVC Leather Cloth is used for car upholstery, motor cycle seat covers, auto rickshaw hoods and seats, tractors, trucks, and buses. It is also used for making ladies bags and footwear. The company's segments include PVC Leather Cloth and PVC Film. Majority of the revenue is derived from PVC Film segment. Its operations are spread in India and outside India.
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