Pincon Spirit (NSE:PINCON) Total Inventories: ₹2,291 Mil (As of Sep. 2017)


What is Pincon Spirit Total Inventories?

Pincon Spirit NSE:PINCON Total Inventories is ₹2,291 Mil as of Sep. 2017.

Pincon Spirit's total inventories for the quarter that ended in Sep. 2017 was ₹2,291 Mil. Pincon Spirit's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Sep. 2017 was ₹2,194 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pincon Spirit's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was ₹-17.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pincon Spirit's Days Inventory for the six months ended in Sep. 2017 was 49.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pincon Spirit's Inventory Turnover for the quarter that ended in Sep. 2017 was 3.65.

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. Pincon Spirit's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.25.

Pincon Spirit  (NSE:PINCON) 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.

Pincon Spirit's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2017 is

Net-Net Working Capital Per Share (Q: Sep. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(252.182+0.75 * 2868.576+0.5 * 2290.855-4366.542
-0-0)/47.792
=-17.11

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

Pincon Spirit's Days Inventory for the six months ended in Sep. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2017 )/Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=2193.899/8015.36*365 / 2
=49.95

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

Pincon Spirit's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2017 ) / Average Total Inventories (Q: Sep. 2017 )
=8015.36 / 2193.899
=3.65

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.

Pincon Spirit's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=2193.899 / 8925.656
=0.25

* 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.

Pincon Spirit Total Inventories Related Terms

Pincon Spirit Total Inventories Historical Data

* Premium members only.

The historical data trend for Pincon Spirit'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.

Pincon Spirit Total Inventories Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Total Inventories
317.98 819.07 2,009.01 2,096.94

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Total Inventories Get a 7-Day Free Trial 819.07 2,009.01 1,753.31 2,096.94 2,290.86

Pincon Spirit 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 ₹2,291 Mil mean?
Pincon Spirit (NSE:PINCON) has a Total Inventories of ₹2,291 Mil as of Sep. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Pincon Spirit and its competitors.
Is Pincon Spirit's Total Inventories too high?
Pincon Spirit's current Total Inventories is ₹2,291 Mil.
How does Pincon Spirit's Total Inventories compare to THST and JCTG?
Pincon Spirit's Total Inventories of ₹2,291 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Total Inventories depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current Total Inventories is ₹2,291 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Total Inventories of ₹2,291 Mil. The current Total Inventories is ₹2,291 Mil. 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 Pincon Spirit (NSE:PINCON), the current Total Inventories is ₹2,291 Mil as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.