Aeroflex Industries (BOM:543972) Total Inventories : ₹662 Mil (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Aeroflex Industries Total Inventories?

Aeroflex Industries's total inventories for the quarter that ended in Sep. 2024 was ₹662 Mil. Aeroflex Industries's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ₹331 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aeroflex Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹6.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aeroflex Industries's Days Inventory for the three months ended in Sep. 2024 was 54.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aeroflex Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.69.

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. Aeroflex Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.35.

Aeroflex Industries Total Inventories Historical Data

The historical data trend for Aeroflex Industries'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.

Aeroflex Industries Total Inventories Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

317.53

343.20

358.21

560.07

589.42

Aeroflex Industries Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial							599.99	-	589.42	-	661.86

Aeroflex Industries 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.

Aeroflex Industries (BOM:543972) 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.

Aeroflex Industries'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)
=	(599.128	+	0.75 * 1159.415	+	0.5 * 661.855	-	967.849
-	0	-	0)	/	129.32
=	6.43

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

Aeroflex Industries's Days Inventory for the three 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
	=	330.9275	/	557.825	*	365 / 4
	=	54.13

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

Aeroflex Industries'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 )
	=	557.825	/	330.9275
	=	1.69

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.

Aeroflex Industries'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 )
	=	330.9275	/	949.936
	=	0.35

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.

Aeroflex Industries Total Inventories Related Terms

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

Aeroflex Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (BOM:543972) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

AEROFLEX:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, Near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supplies products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA, and others.

Aeroflex Industries Headlines

No Headlines