Kritika Wires (NSE:KRITIKA) Total Inventories : ₹438 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Kritika Wires Total Inventories?

Kritika Wires's total inventories for the quarter that ended in Mar. 2024 was ₹438 Mil. Kritika Wires's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was ₹463 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kritika Wires's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kritika Wires's Days Inventory for the six months ended in Mar. 2024 was 41.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kritika Wires's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.35.

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. Kritika Wires's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Kritika Wires Total Inventories Historical Data

The historical data trend for Kritika Wires'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.

* Premium members only.

Kritika Wires Total Inventories Chart

Kritika Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

Get a 7-Day Free Trial

309.86

305.87

383.48

416.26

438.00

Kritika Wires Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Inventories	Get a 7-Day Free Trial												383.48	-	416.26	488.34	438.00

Kritika Wires 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.

Kritika Wires (NSE:KRITIKA) 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.

Kritika Wires'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)
=	(253.134	+	0.75 * 419.756	+	0.5 * 438	-	681.972
-	0	-	0)	/	266.28
=	0.39

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

Kritika Wires'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
	=	463.1695	/	2014.706	*	365 / 2
	=	41.96

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

Kritika Wires'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 )
	=	2014.706	/	463.1695
	=	4.35

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.

Kritika Wires'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 )
	=	463.1695	/	2258.119
	=	0.21

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.

Kritika Wires Total Inventories Related Terms

Thank you for viewing the detailed overview of Kritika Wires's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Kritika Wires (NSE:KRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156

Website

https://www.kritikawires.com

Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

Kritika Wires (NSE:KRITIKA) Headlines

No Headlines