Ruby Cables (BOM:539836) Total Inventories: ₹16.8 Mil (As of Mar. 2017)

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What is Ruby Cables Total Inventories?

Ruby Cables BOM:539836 Total Inventories is ₹16.8 Mil as of Mar. 2017.

Ruby Cables's total inventories for the quarter that ended in Mar. 2017 was ₹16.8 Mil. Ruby Cables's average total inventories from the quarter that ended in Sep. 2016 to the quarter that ended in Mar. 2017 was ₹77.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ruby Cables's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was ₹-28.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ruby Cables's Days Inventory for the six months ended in Mar. 2017 was 14.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ruby Cables's Inventory Turnover for the quarter that ended in Mar. 2017 was 12.88.

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. Ruby Cables's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.09.

Ruby Cables  (BOM:539836) 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.

Ruby Cables's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 is

Net-Net Working Capital Per Share (Q: Mar. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.134+0.75 * 47.457+0.5 * 16.801-221.658
-0-0)/6.251
=-28.40

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

Ruby Cables's Days Inventory for the six months ended in Mar. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=77.037/991.859*365 / 2
=14.17

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

Ruby Cables's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2017 ) / Average Total Inventories (Q: Mar. 2017 )
=991.859 / 77.037
=12.88

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.

Ruby Cables's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=77.037 / 874.607
=0.09

* 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.

Ruby Cables Total Inventories Related Terms

Ruby Cables Total Inventories Historical Data

* Premium members only.

The historical data trend for Ruby Cables'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.

Ruby Cables Total Inventories Chart

Ruby Cables Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Total Inventories
Get a 7-Day Free Trial 69.76 118.58 137.44 137.92 16.80

Ruby Cables Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17
Total Inventories Get a 7-Day Free Trial Premium Member Only 137.44 167.38 137.92 137.27 16.80

Ruby Cables 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 ₹16.8 Mil mean?
Ruby Cables (BOM:539836) has a Total Inventories of ₹16.8 Mil as of Mar. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ruby Cables and its competitors.
Is Ruby Cables' Total Inventories too high?
Ruby Cables' current Total Inventories is ₹16.8 Mil.
How does Ruby Cables' Total Inventories compare to TNLX and MFCO?
Ruby Cables' Total Inventories of ₹16.8 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Inventories depends on the Industrial Products 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 Ruby Cables and its competitors. Ruby Cables's current Total Inventories is ₹16.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Cables stock overvalued right now?
Ruby Cables (BOM:539836) has a current Total Inventories of ₹16.8 Mil. The current Total Inventories is ₹16.8 Mil. 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 Ruby Cables (BOM:539836), the current Total Inventories is ₹16.8 Mil as of Mar. 2017. 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.

Ruby Cables Business Description

Address 15, G.I.D.C., Manjusar, Taluk Savli, Vadodara, GJ, IND, 391775
Ruby Cables Ltd is the manufacturer of all types of polyvinyl chloride/chemically cross-linked polyethylene Foam(PVC/XLPE) insulated low tension wires and cables. The company also manufactures all aluminium conductors(AAC), all aluminium alloy conductors(AAAC), aluminium conductor steel reinforced cable(ACSR) and aerial bunch cables. The company is based in India.