GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Total Inventories

Virtuoso OptoElectronics (BOM:543597) Total Inventories : ₹1,648 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Virtuoso OptoElectronics Total Inventories?

Virtuoso OptoElectronics's total inventories for the quarter that ended in Mar. 2024 was ₹1,648 Mil. Virtuoso OptoElectronics's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was ₹1,577 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Virtuoso OptoElectronics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-21.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Virtuoso OptoElectronics's Days Inventory for the six months ended in Mar. 2024 was 114.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Virtuoso OptoElectronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.59.

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. Virtuoso OptoElectronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.


Virtuoso OptoElectronics Total Inventories Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Total Inventories Chart

Virtuoso OptoElectronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
138.39 371.81 633.09 1,384.22 1,647.64

Virtuoso OptoElectronics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Inventories Get a 7-Day Free Trial 633.09 862.28 1,384.22 1,506.15 1,647.64

Virtuoso OptoElectronics 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.


Virtuoso OptoElectronics  (BOM:543597) 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.

Virtuoso OptoElectronics'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)
=(904.204+0.75 * 213.057+0.5 * 1647.635-2461.648
-0-0.533)/26.3388
=-21.81

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

Virtuoso OptoElectronics'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
=1576.8925/2512.287*365 / 2
=114.55

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

Virtuoso OptoElectronics'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 )
=2512.287 / 1576.8925
=1.59

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.

Virtuoso OptoElectronics'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 )
=1576.8925 / 2926.218
=0.54

* 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.


Virtuoso OptoElectronics Total Inventories Related Terms

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


Virtuoso OptoElectronics (BOM:543597) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007
Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

No Headlines