Arihant Academy (NSE:ARIHANTACA) Total Inventories : ₹0.0 Mil (As of Sep. 2023)

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What is Arihant Academy Total Inventories?

Arihant Academy's total inventories for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Arihant Academy's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was ₹0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Arihant Academy's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹0.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arihant Academy's Days Inventory for the three months ended in Sep. 2023 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. Arihant Academy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Arihant Academy Total Inventories Historical Data

The historical data trend for Arihant Academy'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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Arihant Academy Total Inventories Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Inventories

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
Total Inventories	Get a 7-Day Free Trial			-	-	-	-	-

Arihant Academy 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.

Arihant Academy (NSE:ARIHANTACA) 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.

Arihant Academy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(181.751	+	0.75 * 2.712	+	0.5 * 0	-	138.4
-	0	-	0)	/	59.913
=	0.76

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

Arihant Academy's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	33.351	*	365 / 4
	=	0.00

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

Arihant Academy's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	33.351	/	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.

Arihant Academy's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	155.757
	=	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.

Arihant Academy Total Inventories Related Terms

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Arihant Academy (NSE:ARIHANTACA) Business Description

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Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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