Euro Ceramics (BOM:532823) Total Inventories: ₹55.4 Mil (As of Mar. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532823 Euro Ceramics Ltd BOM:532823
4 GF Score
Price ₹1.11
View Full Analysis

What is Euro Ceramics Total Inventories?

Euro Ceramics BOM:532823 4 Total Inventories is ₹55.4 Mil as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

Euro Ceramics's total inventories for the quarter that ended in Mar. 2019 was ₹55.4 Mil. Euro Ceramics's average total inventories from the quarter that ended in Mar. 2018 to the quarter that ended in Mar. 2019 was ₹147.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Euro Ceramics's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was ₹-237.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Euro Ceramics's Days Inventory for the six months ended in Mar. 2019 was 76.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Euro Ceramics's Inventory Turnover for the quarter that ended in Mar. 2019 was 2.38.

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. Euro Ceramics's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.69.


Euro Ceramics  (BOM:532823) 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.

Euro Ceramics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 is

Net-Net Working Capital Per Share (Q: Mar. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.958+0.75 * 31.434+0.5 * 55.356-8081.376
-0-0)/33.738
=-237.72

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

Euro Ceramics's Days Inventory for the six months ended in Mar. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=147.6745/351.984*365 / 2
=76.57

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

Euro Ceramics's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2019 ) / Average Total Inventories (Q: Mar. 2019 )
=351.984 / 147.6745
=2.38

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.

Euro Ceramics's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=147.6745 / 215.491
=0.69

* 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.


Euro Ceramics Total Inventories Related Terms


Euro Ceramics Total Inventories Historical Data

* Premium members only.

The historical data trend for Euro Ceramics'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.

Euro Ceramics Total Inventories Chart

Euro Ceramics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.38 327.01 330.94 239.99 55.36

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 374.38 327.01 330.94 239.99 55.36
BOM:532823
4GF Score
Euro Ceramics Ltd BOM:532823
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euro Ceramics 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 ₹55.4 Mil mean?
Euro Ceramics (BOM:532823) has a Total Inventories of ₹55.4 Mil as of Mar. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for Euro Ceramics and its competitors.
Is Euro Ceramics' Total Inventories too high?
Euro Ceramics' current Total Inventories is ₹55.4 Mil. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' Total Inventories compare to CARR and MAS?
Euro Ceramics' Total Inventories of ₹55.4 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Inventories depends on the Construction 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 Euro Ceramics and its competitors. Euro Ceramics's current Total Inventories is ₹55.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current Total Inventories of ₹55.4 Mil. The current Total Inventories is ₹55.4 Mil. Euro Ceramics' 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 Euro Ceramics (BOM:532823), the current Total Inventories is ₹55.4 Mil as of Mar. 2019. 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.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
4GF Score

Get the complete analysis for BOM:532823

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.11
Price