7NR Retail (BOM:540615) Total Inventories : ₹32.6 Mil (As of Mar. 2024)

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What is 7NR Retail Total Inventories?

7NR Retail's total inventories for the quarter that ended in Mar. 2024 was ₹32.6 Mil. 7NR Retail's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹16.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. 7NR Retail's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 7NR Retail's Days Inventory for the three months ended in Mar. 2024 was 120.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. 7NR Retail's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.76.

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. 7NR Retail's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.62.

7NR Retail Total Inventories Historical Data

The historical data trend for 7NR Retail'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.

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7NR Retail Total Inventories Chart

7NR Retail Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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53.59

47.74

71.57

87.45

32.63

7NR Retail Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															87.45	-	47.42	-	32.63

7NR Retail 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.

7NR Retail (BOM:540615) 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.

7NR Retail's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(17.797	+	0.75 * 218.382	+	0.5 * 32.626	-	146.087
-	0	-	0)	/	28.0068
=	1.85

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

7NR Retail's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	16.313	/	12.317	*	365 / 4
	=	120.85

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

7NR Retail's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	12.317	/	16.313
	=	0.76

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.

7NR Retail's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	16.313	/	10.049
	=	1.62

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.

7NR Retail Total Inventories Related Terms

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7NR Retail (BOM:540615) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » 7NR Retail Ltd (BOM:540615) » Definitions » Total Inventories

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Address

Sadashiv Kanto, Behind Bajaj Process, Godown No-1, 234/1+234/2,FP-69/3, Narol Chokdi, Narol, Ahmedabad, GJ, IND, 382405

Website

http://www.7nrretailltd.in

7NR Retail Ltd is engaged in the business of trading of apparels in the wholesale and retail segments. It mainly deals in the business of Branding and selling ready-made garments, suiting-shirting, fabrics, and all other textile products. Trading in Textile is the Company's only business segment. The company's products include kids garments under the brand name of Gini & Jony. Geographically, it operates only in India.

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