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Forbes Precision Tools and Machine Parts (BOM:544186) Total Inventories : ₹0 Mil (As of Dec. 2024)


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What is Forbes Precision Tools and Machine Parts Total Inventories?

Forbes Precision Tools and Machine Parts's total inventories for the quarter that ended in Dec. 2024 was ₹0 Mil. Forbes Precision Tools and Machine Parts's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ₹184 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Forbes Precision Tools and Machine Parts's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₹N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forbes Precision Tools and Machine Parts's Days Inventory for the three months ended in Dec. 2024 was 85.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forbes Precision Tools and Machine Parts's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.07.

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. Forbes Precision Tools and Machine Parts's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.32.


Forbes Precision Tools and Machine Parts Total Inventories Historical Data

The historical data trend for Forbes Precision Tools and Machine Parts'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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Forbes Precision Tools and Machine Parts Total Inventories Chart

Forbes Precision Tools and Machine Parts Annual Data
Trend Mar23 Mar24
Total Inventories
- 384.69

Forbes Precision Tools and Machine Parts Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories Get a 7-Day Free Trial - 384.69 - 367.90 -

Forbes Precision Tools and Machine Parts 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.


Forbes Precision Tools and Machine Parts  (BOM:544186) 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.

Forbes Precision Tools and Machine Parts's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/51.594
=N/A

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

Forbes Precision Tools and Machine Parts's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=183.95/196.8*365 / 4
=85.29

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

Forbes Precision Tools and Machine Parts's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=196.8 / 183.95
=1.07

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.

Forbes Precision Tools and Machine Parts's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=183.95 / 574.1
=0.32

* 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.


Forbes Precision Tools and Machine Parts Total Inventories Related Terms

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Forbes Precision Tools and Machine Parts Business Description

Traded in Other Exchanges
N/A
Address
Charanjit Rai Marg, Forbes Building, Mumbai, MH, IND, 400001
Forbes Precision Tools and Machine Parts Ltd manufactures precision cutting tools and related components. The products offered by the company include taps, carbon and/or steel taps, drills, rotary burrs, tools, threading tools, grinding tools, measuring tools, hand tools, and precision tools. The principal geographical area in which the company operates is India.

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