Milton Industries (NSE:MILTON) Total Inventories: ₹249.9 Mil (As of Mar. 2024)


NSE:MILTON Milton Industries Ltd NSE:MILTON
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What is Milton Industries Total Inventories?

Milton Industries NSE:MILTON 4 Total Inventories is ₹249.9 Mil as of Mar. 2024. GuruFocus rates NSE:MILTON with a GF Score™ of 4/100.

Milton Industries's total inventories for the quarter that ended in Mar. 2024 was ₹249.9 Mil. Milton Industries's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹242.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Milton Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹2.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Milton Industries's Days Inventory for the six months ended in Mar. 2024 was 64.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Milton Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.82.

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. Milton Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.27.


Milton Industries  (NSE:MILTON) 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.

Milton Industries'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)
=(6.649+0.75 * 245.218+0.5 * 249.903-268.968
-0-0)/16.995
=2.74

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

Milton Industries'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
=242.0255/682.904*365 / 2
=64.68

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

Milton Industries'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 )
=682.904 / 242.0255
=2.82

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.

Milton Industries'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 )
=242.0255 / 889.916
=0.27

* 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.


Milton Industries Total Inventories Related Terms


Milton Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Milton Industries'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.

Milton Industries Total Inventories Chart

Milton Industries 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 170.43 175.30 213.23 234.15 249.90

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 170.43 175.30 213.23 234.15 249.90
NSE:MILTON
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Milton Industries Ltd NSE:MILTON
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Milton Industries 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹249.9 Mil mean?
Milton Industries (NSE:MILTON) has a Total Inventories of ₹249.9 Mil as of Mar. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Milton Industries and its competitors.
Is Milton Industries' Total Inventories too high?
Milton Industries' current Total Inventories is ₹249.9 Mil. Overall, Milton Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milton Industries' Total Inventories compare to SSD and UFPI?
Milton Industries' Total Inventories of ₹249.9 Mil can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Forest Products company?
A good Total Inventories depends on the Forest Products industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Milton Industries and its competitors. Milton Industries's current Total Inventories is ₹249.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milton Industries stock overvalued right now?
Milton Industries (NSE:MILTON) has a current Total Inventories of ₹249.9 Mil. The current Total Inventories is ₹249.9 Mil. Milton Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Milton Industries (NSE:MILTON), the current Total Inventories is ₹249.9 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Milton Industries Business Description

Address Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters and home kitchens. The majority of the revenue comes from the Indian market.
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