Marco Cables and Conductors (NSE:MARCO) Total Inventories : ₹368.5 Mil (As of Mar. 2024)

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What is Marco Cables and Conductors Total Inventories?

Marco Cables and Conductors's total inventories for the quarter that ended in Mar. 2024 was ₹368.5 Mil. Marco Cables and Conductors's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹319.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Marco Cables and Conductors's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-5.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marco Cables and Conductors's Days Inventory for the six months ended in Mar. 2024 was 101.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marco Cables and Conductors's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.79.

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. Marco Cables and Conductors's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.

Marco Cables and Conductors Total Inventories Historical Data

The historical data trend for Marco Cables and Conductors'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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Marco Cables and Conductors Total Inventories Chart

Marco Cables and Conductors Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Inventories

256.51

249.85

270.70

368.48

Marco Cables and Conductors Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Total Inventories	256.51	249.85	270.70	368.48

Marco Cables and Conductors 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.

Marco Cables and Conductors (NSE:MARCO) 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.

Marco Cables and Conductors'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)
=	(35.547	+	0.75 * 280.305	+	0.5 * 368.477	-	532.168
-	0	-	0)	/	18.699
=	-5.46

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

Marco Cables and Conductors'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
	=	319.5895	/	573.344	*	365 / 2
	=	101.73

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

Marco Cables and Conductors'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 )
	=	573.344	/	319.5895
	=	1.79

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.

Marco Cables and Conductors'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 )
	=	319.5895	/	716.497
	=	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.

Marco Cables and Conductors Total Inventories Related Terms

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Marco Cables and Conductors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marco Cables and Conductors Ltd (NSE:MARCO) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005

Website

https://www.marcocables.com

Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.

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