Everest Kanto Cylinder (NSE:EKC) Total Inventories : ₹4,813 Mil (As of Mar. 2024)

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What is Everest Kanto Cylinder Total Inventories?

Everest Kanto Cylinder's total inventories for the quarter that ended in Mar. 2024 was ₹4,813 Mil. Everest Kanto Cylinder's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹2,406 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Everest Kanto Cylinder's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹17.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Everest Kanto Cylinder's Days Inventory for the three months ended in Mar. 2024 was 122.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Everest Kanto Cylinder's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.75.

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. Everest Kanto Cylinder's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Everest Kanto Cylinder Total Inventories Historical Data

The historical data trend for Everest Kanto Cylinder'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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Everest Kanto Cylinder Total Inventories Chart

Everest Kanto Cylinder Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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3,027.92

2,989.51

4,177.46

5,541.90

4,812.70

Everest Kanto Cylinder Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															5,541.90	-	5,629.00	-	4,812.70

Everest Kanto Cylinder 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.

Everest Kanto Cylinder (NSE:EKC) 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.

Everest Kanto Cylinder's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1358.8	+	0.75 * 1729.1	+	0.5 * 4812.7	-	3129.9
-	0	-	-3.4)	/	112.208
=	17.25

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

Everest Kanto Cylinder's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2406.35	/	1795.5	*	365 / 4
	=	122.29

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

Everest Kanto Cylinder's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1795.5	/	2406.35
	=	0.75

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.

Everest Kanto Cylinder's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2406.35	/	3258.4
	=	0.74

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.

Everest Kanto Cylinder Total Inventories Related Terms

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Everest Kanto Cylinder (NSE:EKC) Business Description

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532684:India

Address

Free Press Journal Marg, 204, Raheja Centre, 214, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.everestkanto.com

Everest Kanto Cylinder Ltd manufactures and fabricates metal products, except machinery and equipment. The firm is also engaged in the manufacture of high-pressure seamless gas cylinders and other cylinders, equipment, appliances, and tanks with their parts and accessories used for containing and storage of liquefied petroleum gases and other gases, liquids, and air. Its products include Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gas (CNG) Cylinders, Breathing Air Cylinder, Medical Cylinders, Beverage Cylinders, and Accumulators. The company also offers a range of allied products, such as Cylinder Valves, Valve Protection Guards; Protection Caps, Trolleys, Medical Equipment, seamless cylinders for fire-fighting. Most of its revenue comes from India.

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