Artedz Fabs (NSE:ARTEDZ) Total Inventories: ₹242.0 Mil (As of Sep. 2018)


What is Artedz Fabs Total Inventories?

Artedz Fabs NSE:ARTEDZ Total Inventories is ₹242.0 Mil as of Sep. 2018.

Artedz Fabs's total inventories for the quarter that ended in Sep. 2018 was ₹242.0 Mil. Artedz Fabs's average total inventories from the quarter that ended in Mar. 2018 to the quarter that ended in Sep. 2018 was ₹225.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Artedz Fabs's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was ₹-21.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Artedz Fabs's Days Inventory for the six months ended in Sep. 2018 was 144.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artedz Fabs's Inventory Turnover for the quarter that ended in Sep. 2018 was 1.26.

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. Artedz Fabs's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.61.

Artedz Fabs  (NSE:ARTEDZ) 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.

Artedz Fabs's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 is

Net-Net Working Capital Per Share (Q: Sep. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.395+0.75 * 431.58+0.5 * 241.974-632.418
-0-0)/8.560
=-21.89

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

Artedz Fabs's Days Inventory for the six months ended in Sep. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=225.1075/284.201*365 / 2
=144.55

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

Artedz Fabs's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2018 ) / Average Total Inventories (Q: Sep. 2018 )
=284.201 / 225.1075
=1.26

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.

Artedz Fabs's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=225.1075 / 366.275
=0.61

* 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.

Artedz Fabs Total Inventories Related Terms

Artedz Fabs Total Inventories Historical Data

* Premium members only.

The historical data trend for Artedz Fabs'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.

Artedz Fabs Total Inventories Chart

Artedz Fabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Total Inventories
119.26 128.43 151.40 171.27 208.24

Artedz Fabs Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18
Total Inventories Get a 7-Day Free Trial 128.43 151.40 171.27 208.24 241.97

Artedz Fabs 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹242.0 Mil mean?
Artedz Fabs (NSE:ARTEDZ) has a Total Inventories of ₹242.0 Mil as of Sep. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for Artedz Fabs and its competitors.
Is Artedz Fabs' Total Inventories too high?
Artedz Fabs' current Total Inventories is ₹242.0 Mil.
How does Artedz Fabs' Total Inventories compare to ?
Artedz Fabs' Total Inventories of ₹242.0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Manufacturing - Apparel & Accessories company?
A good Total Inventories depends on the Manufacturing - Apparel & Accessories industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Artedz Fabs and its competitors. Artedz Fabs's current Total Inventories is ₹242.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current Total Inventories of ₹242.0 Mil. The current Total Inventories is ₹242.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Artedz Fabs (NSE:ARTEDZ), the current Total Inventories is ₹242.0 Mil as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artedz Fabs Business Description

Comparable Companies
Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.