Prince Pipes And Fittings (BOM:542907) Total Inventories : ₹4,379 Mil (As of Mar. 2024)

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What is Prince Pipes And Fittings Total Inventories?

Prince Pipes And Fittings's total inventories for the quarter that ended in Mar. 2024 was ₹4,379 Mil. Prince Pipes And Fittings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹2,189 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Prince Pipes And Fittings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹17.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prince Pipes And Fittings's Days Inventory for the three months ended in Mar. 2024 was 38.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Prince Pipes And Fittings's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.39.

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. Prince Pipes And Fittings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.

Prince Pipes And Fittings Total Inventories Historical Data

The historical data trend for Prince Pipes And Fittings'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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Prince Pipes And Fittings Total Inventories Chart

Prince Pipes And Fittings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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3,445.18

2,273.32

6,188.11

4,256.45

4,378.90

Prince Pipes And Fittings 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															4,256.45	-	4,071.35	-	4,378.90

Prince Pipes And Fittings 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.

Prince Pipes And Fittings (BOM:542907) 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.

Prince Pipes And Fittings'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)
=	(1167.78	+	0.75 * 5848.72	+	0.5 * 4378.9	-	5788.29
-	0	-	0)	/	110.561
=	17.69

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

Prince Pipes And Fittings'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
	=	2189.45	/	5223.84	*	365 / 4
	=	38.25

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

Prince Pipes And Fittings'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 )
	=	5223.84	/	2189.45
	=	2.39

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.

Prince Pipes And Fittings'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 )
	=	2189.45	/	7401.29
	=	0.30

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.

Prince Pipes And Fittings Total Inventories Related Terms

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Prince Pipes And Fittings (BOM:542907) Business Description

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PRINCEPIPE:India

Address

29, Senapati Bapat Marg (Tulsi Pipe Road), 8th Floor, The Ruby, Dadar (West), Mumbai, MH, IND, 400 028

Website

https://www.princepipes.com

Prince Pipes And Fittings Ltd is a manufacturer of polymer pipes and fittings. The company manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. It markets its products under two brand names: Prince Piping Systems; and Trubore. The company's products are used for various applications in plumbing, irrigation, and soil, waste and rainwater management in both rural and urban areas.

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