Eastern Gases (BOM:540790) Total Inventories: ₹8.5 Mil (As of Mar. 2018)

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What is Eastern Gases Total Inventories?

Eastern Gases BOM:540790 Total Inventories is ₹8.5 Mil as of Mar. 2018.

Eastern Gases's total inventories for the quarter that ended in Mar. 2018 was ₹8.5 Mil. Eastern Gases's average total inventories from the quarter that ended in Dec. 2017 to the quarter that ended in Mar. 2018 was ₹4.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Eastern Gases's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was ₹-37.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eastern Gases's Days Inventory for the three months ended in Mar. 2018 was 24.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eastern Gases's Inventory Turnover for the quarter that ended in Mar. 2018 was 3.68.

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. Eastern Gases's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.27.


Eastern Gases  (BOM:540790) 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.

Eastern Gases's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 is

Net-Net Working Capital Per Share (Q: Mar. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.334+0.75 * 356.669+0.5 * 8.531-846.484
-0-0)/15.000
=-37.89

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

Eastern Gases's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2018 )/Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=4.2655/15.687*365 / 4
=24.81

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

Eastern Gases's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2018 ) / Average Total Inventories (Q: Mar. 2018 )
=15.687 / 4.2655
=3.68

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.

Eastern Gases's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=4.2655 / 15.836
=0.27

* 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.


Eastern Gases Total Inventories Related Terms


Eastern Gases Total Inventories Historical Data

* Premium members only.

The historical data trend for Eastern Gases'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.

Eastern Gases Total Inventories Chart

Eastern Gases Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.86 12.24 61.70 127.14 8.53

Eastern Gases Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 127.14 0.00 124.04 0.00 8.53

Eastern Gases 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 ₹8.5 Mil mean?
Eastern Gases (BOM:540790) has a Total Inventories of ₹8.5 Mil as of Mar. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for Eastern Gases and its competitors.
Is Eastern Gases' Total Inventories too high?
Eastern Gases' current Total Inventories is ₹8.5 Mil.
How does Eastern Gases' Total Inventories compare to ICNN and QEGY?
Eastern Gases' Total Inventories of ₹8.5 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Inventories depends on the Oil & Gas 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 Eastern Gases and its competitors. Eastern Gases's current Total Inventories is ₹8.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Gases stock overvalued right now?
Eastern Gases (BOM:540790) has a current Total Inventories of ₹8.5 Mil. The current Total Inventories is ₹8.5 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 Eastern Gases (BOM:540790), the current Total Inventories is ₹8.5 Mil as of Mar. 2018. 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.

Eastern Gases Business Description

Industry EnergyOil & Gas
Address 1 Kyd Street, 43 Palace Court, Kolkata, WB, IND, 700016
Eastern Gases Ltd is engaged in bottling, trading and retailing of LPG and general goods bulk supplies. The company deals in LPG, Propane, Butane, and Ammonia for industrial and commercial usage. It caters to the requirement of industrial user and packed users of LPG as well as Auto LPG segment. The company caters the commercial cylinder market of West Bengal, Bihar, and Orissa from its own bottling plant situated at Durgapur. Its Auto LPG Retail Outlet is present in Paschim Medinipur, West Bengal.