GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polycab India Ltd (BOM:542652) » Definitions » Total Inventories

Polycab India (BOM:542652) Total Inventories : ₹36,751 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Polycab India Total Inventories?

Polycab India's total inventories for the quarter that ended in Mar. 2024 was ₹36,751 Mil. Polycab India's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹18,376 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Polycab India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹115.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polycab India's Days Inventory for the three months ended in Mar. 2024 was 40.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polycab India's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.27.

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. Polycab India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.


Polycab India Total Inventories Historical Data

The historical data trend for Polycab India'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.

* Premium members only.

Polycab India Total Inventories Chart

Polycab India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only 19,249.54 19,879.10 21,996.47 29,513.84 36,751.14

Polycab India Quarterly Data
Jun19 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 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 29,513.84 35,009.16 34,311.73 - 36,751.14

Polycab India 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.


Polycab India  (BOM:542652) 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.

Polycab India'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)
=(22583.27+0.75 * 20471.17+0.5 * 36751.14-38355.43
-0-562.07)/150.236
=115.78

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

Polycab India'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
=18375.57/41791.99*365 / 4
=40.12

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

Polycab India'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 )
=41791.99 / 18375.57
=2.27

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.

Polycab India'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 )
=18375.57 / 55918.95
=0.33

* 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.


Polycab India Total Inventories Related Terms

Thank you for viewing the detailed overview of Polycab India's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Polycab India (BOM:542652) Business Description

Traded in Other Exchanges
Address
No. 29, Senapati Bapat Marg, Tulsi Pipe Road, The Ruby, 21st Floor, Dadar (West), Mumbai, MH, IND, 400028
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and Others segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.

Polycab India (BOM:542652) Headlines

No Headlines