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Resourceful Automobile (BOM:544236) Total Inventories : ₹51.2 Mil (As of Mar. 2023)


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What is Resourceful Automobile Total Inventories?

Resourceful Automobile's total inventories for the quarter that ended in Mar. 2023 was ₹51.2 Mil. Resourceful Automobile's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹46.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Resourceful Automobile's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-20.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Resourceful Automobile's Days Inventory for the six months ended in Mar. 2023 was 52.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resourceful Automobile's Inventory Turnover for the quarter that ended in Mar. 2023 was 3.49.

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. Resourceful Automobile's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.25.

Resourceful Automobile Total Inventories Historical Data

The historical data trend for Resourceful Automobile'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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Resourceful Automobile Total Inventories Chart

Resourceful Automobile Annual Data
Trend Mar21 Mar22 Mar23
Total Inventories
16.63 41.55 51.22

Resourceful Automobile Semi-Annual Data
Mar21 Mar22 Mar23
Total Inventories 16.63 41.55 51.22

Resourceful Automobile 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.

Resourceful Automobile  (BOM:544236) 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.

Resourceful Automobile's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.059+0.75 * 0.86+0.5 * 51.221-83.693
-0-0)/2.656
=-20.85

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

Resourceful Automobile's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=46.3855/162.103*365 / 2
=52.22

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

Resourceful Automobile's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=162.103 / 46.3855
=3.49

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.

Resourceful Automobile's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=46.3855 / 188.392
=0.25

* 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.

Resourceful Automobile Total Inventories Related Terms

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Resourceful Automobile Business Description

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Address
KH No. 107/10 Main Road, K-24, Upper Ground, Raja puri, West Delhi, New Delhi, IND, 110059
Website
https://www.sawhneyauto.com
Resourceful Automobile Ltd is engaged in the dealership of two-wheeler bike of Yamaha, operating under the showroom name Sawhney Automobile. It is also involved in the sales and servicing of motorcycles and scooters.

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