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Eighty Jewellers (BOM:543518) Total Inventories : ₹315.6 Mil (As of Mar. 2024)


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What is Eighty Jewellers Total Inventories?

Eighty Jewellers's total inventories for the quarter that ended in Mar. 2024 was ₹315.6 Mil. Eighty Jewellers's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was ₹308.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Eighty Jewellers's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹4.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eighty Jewellers's Days Inventory for the six months ended in Mar. 2024 was 130.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eighty Jewellers's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.40.

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. Eighty Jewellers's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.67.


Eighty Jewellers Total Inventories Historical Data

The historical data trend for Eighty Jewellers'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.

Eighty Jewellers Total Inventories Chart

Eighty Jewellers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial 265.97 232.36 231.37 319.22 315.57

Eighty Jewellers Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only 231.37 280.70 319.22 300.89 315.57

Eighty Jewellers 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.


Eighty Jewellers  (BOM:543518) 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.

Eighty Jewellers'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)
=(1.596+0.75 * 3.817+0.5 * 315.567-112.244
-0-0)/10.1992
=4.90

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

Eighty Jewellers's Days Inventory for the six 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
=308.229/431.862*365 / 2
=130.25

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

Eighty Jewellers'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 )
=431.862 / 308.229
=1.40

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.

Eighty Jewellers'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 )
=308.229 / 462.024
=0.67

* 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.


Eighty Jewellers Total Inventories Related Terms

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Eighty Jewellers (BOM:543518) Business Description

Traded in Other Exchanges
N/A
Address
A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001
Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

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