Hindprakash Industries�Ltd (NSE:HPIL) Total Inventories : ₹199.6 Mil (As of Mar. 2024)

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What is Hindprakash Industries�Ltd Total Inventories?

Hindprakash Industries�Ltd's total inventories for the quarter that ended in Mar. 2024 was ₹199.6 Mil. Hindprakash Industries�Ltd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was ₹177.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hindprakash Industries�Ltd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-2.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hindprakash Industries�Ltd's Days Inventory for the six months ended in Mar. 2024 was 85.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hindprakash Industries�Ltd's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.14.

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. Hindprakash Industries�Ltd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Hindprakash Industries�Ltd Total Inventories Historical Data

The historical data trend for Hindprakash Industries�Ltd'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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Hindprakash Industries�Ltd Total Inventories Chart

Hindprakash Industries�Ltd Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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136.56

150.97

159.53

164.19

199.64

Hindprakash Industries�Ltd Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Inventories	Get a 7-Day Free Trial								159.53	115.46	164.19	155.35	199.64

Hindprakash Industries�Ltd 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.

Hindprakash Industries�Ltd (NSE:HPIL) 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.

Hindprakash Industries�Ltd'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)
=	(18.182	+	0.75 * 259.736	+	0.5 * 199.64	-	345.116
-	0	-	0)	/	11.4241
=	-2.83

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

Hindprakash Industries�Ltd'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
	=	177.4955	/	379.047	*	365 / 2
	=	85.46

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

Hindprakash Industries�Ltd'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 )
	=	379.047	/	177.4955
	=	2.14

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.

Hindprakash Industries�Ltd'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 )
	=	177.4955	/	419.723
	=	0.42

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.

Hindprakash Industries�Ltd Total Inventories Related Terms

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Hindprakash Industries�Ltd (NSE:HPIL) Business Description

Industry

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Traded in Other Exchanges

543645:India

Address

301 Hindprakash House Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445

Website

https://www.hindprakash.in

Hindprakash Industries Ltd is an Indian company engaged in manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. The company's products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. It earns revenues from the manufacturing of dyes.