Shigan Quantum Technologies (NSE:SHIGAN) Total Inventories : ₹507 Mil (As of Sep. 2024)

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What is Shigan Quantum Technologies Total Inventories?

Shigan Quantum Technologies's total inventories for the quarter that ended in Sep. 2024 was ₹507 Mil. Shigan Quantum Technologies's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was ₹512 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shigan Quantum Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-20.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shigan Quantum Technologies's Days Inventory for the six months ended in Sep. 2024 was 111.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shigan Quantum Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.64.

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. Shigan Quantum Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.49.

Shigan Quantum Technologies Total Inventories Historical Data

The historical data trend for Shigan Quantum Technologies'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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Shigan Quantum Technologies Total Inventories Chart

Shigan Quantum Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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131.17

120.98

545.07

556.83

518.19

Shigan Quantum Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial					521.57	556.83	484.00	518.19	506.74

Shigan Quantum Technologies 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.

Shigan Quantum Technologies (NSE:SHIGAN) 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.

Shigan Quantum Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(80.186	+	0.75 * 246.494	+	0.5 * 506.744	-	886.533
-	0	-	0.292)	/	18.130
=	-20.32

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

Shigan Quantum Technologies's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	512.467	/	841.323	*	365 / 2
	=	111.16

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

Shigan Quantum Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	841.323	/	512.467
	=	1.64

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.

Shigan Quantum Technologies's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	512.467	/	1056.61
	=	0.49

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.

Shigan Quantum Technologies Total Inventories Related Terms

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Shigan Quantum Technologies Business Description

Industry

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Address

Alier Bhangrola Road, Hall No. 2, 3, 6-8, Ground Floor and First floor, Shyam Udyog Parisar, Khasra No. 25/1, 15/3/2, IMT Manesar, Gurugram, HR, IND, 122052

Website

https://www.shigan-quantum.com

Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of alternate fuel systems components, including compressed natural gas, liquefied natural gas, and hydrogen fuel kit systems for original equipment manufacturer suppliers to the auto industry. The company manufactures alternate fuel systems for heavy-duty vehicles, light-duty vehicles, and off-highway applications. Its product portfolio includes CNG filters, engine control units, fuel rails, injectors, filler valves, and others.

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