Mangalam Alloys (NSE:MAL) Total Inventories : ₹1,462 Mil (As of Mar. 2024)

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What is Mangalam Alloys Total Inventories?

Mangalam Alloys's total inventories for the quarter that ended in Mar. 2024 was ₹1,462 Mil. Mangalam Alloys's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹1,359 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mangalam Alloys's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-46.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mangalam Alloys's Days Inventory for the six months ended in Mar. 2024 was 101.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mangalam Alloys's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.80.

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. Mangalam Alloys's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.

Mangalam Alloys Total Inventories Historical Data

The historical data trend for Mangalam Alloys'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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Mangalam Alloys Total Inventories Chart

Mangalam Alloys Annual Data

Trend

Mar16

Mar17

Mar18

Mar23

Mar24

Total Inventories

402.33

433.10

674.62

1,257.33

1,461.59

Mangalam Alloys Semi-Annual Data
	Mar16	Mar17	Mar18	Mar23	Mar24
Total Inventories	402.33	433.10	674.62	1,257.33	1,461.59

Mangalam Alloys 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.

Mangalam Alloys (NSE:MAL) 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.

Mangalam Alloys'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)
=	(1.181	+	0.75 * 888.872	+	0.5 * 1461.59	-	2555.28
-	0	-	0)	/	25.000
=	-46.27

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

Mangalam Alloys'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
	=	1359.4605	/	2444.627	*	365 / 2
	=	101.49

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

Mangalam Alloys'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 )
	=	2444.627	/	1359.4605
	=	1.80

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.

Mangalam Alloys'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 )
	=	1359.4605	/	3039.369
	=	0.45

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.

Mangalam Alloys Total Inventories Related Terms

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Mangalam Alloys Business Description

Industry

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Traded in Other Exchanges

N/A

Address

GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729

Website

https://www.mangalamalloys.com

Mangalam Alloys Ltd is in the steel manufacturing industry. It is a stainless steel melting unit. Its products include Forging Ingots, Billets, Black Round Bar, Bright Round Bar, Angle Bars, Fasteners, Etc. It operates in one segment manufacturing stainless steel and higher alloy products segment.

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