Maiden Forgings (BOM:543874) Total Inventories : ₹689 Mil (As of Sep. 2024)

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What is Maiden Forgings Total Inventories?

Maiden Forgings's total inventories for the quarter that ended in Sep. 2024 was ₹689 Mil. Maiden Forgings's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was ₹683 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maiden Forgings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-6.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maiden Forgings's Days Inventory for the six months ended in Sep. 2024 was 133.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maiden Forgings's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.37.

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. Maiden Forgings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.63.

Maiden Forgings Total Inventories Historical Data

The historical data trend for Maiden Forgings'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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Maiden Forgings Total Inventories Chart

Maiden Forgings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

238.05

365.45

414.34

503.71

676.83

Maiden Forgings Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial			-	503.71	581.26	676.83	688.61

Maiden Forgings 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.

Maiden Forgings (BOM:543874) 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.

Maiden Forgings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(192.438	+	0.75 * 268.768	+	0.5 * 688.607	-	837.707
-	0	-	0)	/	14.212
=	-6.99

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

Maiden Forgings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	682.7205	/	935.964	*	365 / 2
	=	133.12

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

Maiden Forgings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	935.964	/	682.7205
	=	1.37

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.

Maiden Forgings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	682.7205	/	1090.875
	=	0.63

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.

Maiden Forgings Total Inventories Related Terms

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Maiden Forgings Business Description

Industry

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Address

E 201 Kavi Nagar Industrial Area, Ghaziabad, UP, IND, 201002

Website

https://www.maidenforgings.in

Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products including steel bright bars, wires, profiles, ground bars and nails (collated & loose).

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