Akme Fintrade (India) (NSE:AFIL) Total Inventories : ₹0.0 Mil (As of Dec. 2024)

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What is Akme Fintrade (India) Total Inventories?

Akme Fintrade (India)'s total inventories for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Akme Fintrade (India)'s average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ₹0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Akme Fintrade (India)'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. Akme Fintrade (India)'s Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

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. Akme Fintrade (India)'s Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Akme Fintrade (India) Total Inventories Historical Data

The historical data trend for Akme Fintrade (India)'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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Akme Fintrade (India) Total Inventories Chart

Akme Fintrade (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Inventories

Akme Fintrade (India) Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial						-	-	-	-	-

Akme Fintrade (India) 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.

Akme Fintrade (India) (NSE:AFIL) 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.

Akme Fintrade (India)'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)	/	426.750
=	N/A

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

Akme Fintrade (India)'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
	=	0	/	125.359	*	365 / 4
	=	0.00

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

Akme Fintrade (India)'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 )
	=	125.359	/	0
	=	N/A

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.

Akme Fintrade (India)'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 )
	=	0	/	279.127
	=	0.00

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.

Akme Fintrade (India) Total Inventories Related Terms

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Akme Fintrade (India) Business Description

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544200:India

Address

608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069

Website

Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

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