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ROX Hi-Tech (NSE:ROXHITECH) Total Inventories : ₹301 Mil (As of Mar. 2023)


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What is ROX Hi-Tech Total Inventories?

ROX Hi-Tech's total inventories for the quarter that ended in Mar. 2023 was ₹301 Mil. ROX Hi-Tech's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹200 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ROX Hi-Tech's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-3.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ROX Hi-Tech's Days Inventory for the six months ended in Mar. 2023 was 34.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. ROX Hi-Tech's Inventory Turnover for the quarter that ended in Mar. 2023 was 5.32.

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. ROX Hi-Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.15.

ROX Hi-Tech Total Inventories Historical Data

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech Total Inventories Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23
Total Inventories
99.57 99.68 300.60

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23
Total Inventories 99.57 99.68 300.60

ROX Hi-Tech 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.

ROX Hi-Tech  (NSE:ROXHITECH) 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.

ROX Hi-Tech's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.112+0.75 * 184.352+0.5 * 300.596-368.823
-0-0)/22.834
=-3.51

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

ROX Hi-Tech's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=200.136/1064.103*365 / 2
=34.32

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

ROX Hi-Tech's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=1064.103 / 200.136
=5.32

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.

ROX Hi-Tech's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=200.136 / 1333.279
=0.15

* 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.

ROX Hi-Tech Total Inventories Related Terms

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ROX Hi-Tech (NSE:ROXHITECH) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ROX Hi-Tech Ltd (NSE:ROXHITECH) » Definitions » Total Inventories
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Address
Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
Website
https://www.rox.co.in
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

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