Goldstar Power (NSE:GOLDSTAR) Total Inventories : ₹116.1 Mil (As of Mar. 2024)

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What is Goldstar Power Total Inventories?

Goldstar Power's total inventories for the quarter that ended in Mar. 2024 was ₹116.1 Mil. Goldstar Power's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹120.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Goldstar Power's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goldstar Power's Days Inventory for the six months ended in Mar. 2024 was 55.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldstar Power's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.27.

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. Goldstar Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.24.

Goldstar Power Total Inventories Historical Data

The historical data trend for Goldstar Power'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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Goldstar Power Total Inventories Chart

Goldstar Power Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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144.77

109.15

131.34

125.15

116.11

Goldstar Power Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Total Inventories	Get a 7-Day Free Trial							144.77	109.15	131.34	125.15	116.11

Goldstar Power 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.

Goldstar Power (NSE:GOLDSTAR) 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.

Goldstar Power'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)
=	(1.517	+	0.75 * 115.745	+	0.5 * 116.109	-	256.518
-	0	-	0)	/	240.705
=	-0.46

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

Goldstar Power's Days Inventory for the six 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
	=	120.6275	/	394.77	*	365 / 2
	=	55.77

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

Goldstar Power'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 )
	=	394.77	/	120.6275
	=	3.27

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.

Goldstar Power'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 )
	=	120.6275	/	500.442
	=	0.24

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.

Goldstar Power Total Inventories Related Terms

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Goldstar Power Business Description

Industry

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Traded in Other Exchanges

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Address

Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120

Website

https://www.goldstarpower.com

Goldstar Power Ltd is a battery manufacturing Company. It sells its products under brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from Manufacturing of Battery, Lead Alloy segment.

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