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Loyal Textile Mills (NSE:LOYALTEX) Total Inventories : ₹2,472 Mil (As of Sep. 2024)


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What is Loyal Textile Mills Total Inventories?

Loyal Textile Mills's total inventories for the quarter that ended in Sep. 2024 was ₹2,472 Mil. Loyal Textile Mills's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ₹1,236 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Loyal Textile Mills's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-730.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Loyal Textile Mills's Days Inventory for the three months ended in Sep. 2024 was 75.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Loyal Textile Mills's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.21.

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. Loyal Textile Mills's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.67.


Loyal Textile Mills Total Inventories Historical Data

The historical data trend for Loyal Textile Mills'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.

Loyal Textile Mills Total Inventories Chart

Loyal Textile Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,955.80 2,584.40 4,465.38 5,216.20 4,155.94

Loyal Textile Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,830.30 4,641.50 4,155.94 - 2,472.20

Loyal Textile Mills 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.


Loyal Textile Mills  (NSE:LOYALTEX) 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.

Loyal Textile Mills's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(549.9+0.75 * 1200.3+0.5 * 2472.2-6206.7
-0-0)/4.81645
=-730.93

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

Loyal Textile Mills's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=1236.1/1496.5*365 / 4
=75.37

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

Loyal Textile Mills's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=1496.5 / 1236.1
=1.21

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.

Loyal Textile Mills's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1236.1 / 1852.8
=0.67

* 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.


Loyal Textile Mills Total Inventories Related Terms

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Loyal Textile Mills Business Description

Traded in Other Exchanges
Address
1st Main Road, No. 83, R. A. Puram, Mandaveli, Chennai, TN, IND, 600028
Loyal Textile Mills Ltd is an India-based company that provides various products and services for the textile and apparel industries. The company is engaged in the manufacturing of yarn, woven fabric, knitted fabric, and technical clothing. The company operates in two business segments that are manufacturing and trading activities. The Company has manufacturing plants at Kovilpatti, Sattur, Cuddalore, Sivagangai in Tamilnadu, Khammam in Telangana, and Naidupeta in Andhra Pradesh.

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