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Sona Machinery (NSE:SONAMAC) Total Inventories : ₹122.2 Mil (As of Mar. 2024)


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What is Sona Machinery Total Inventories?

Sona Machinery's total inventories for the quarter that ended in Mar. 2024 was ₹122.2 Mil. Sona Machinery's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹87.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sona Machinery's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹28.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sona Machinery's Days Inventory for the six months ended in Mar. 2024 was 29.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sona Machinery's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.15.

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. Sona Machinery's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.


Sona Machinery Total Inventories Historical Data

The historical data trend for Sona Machinery'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.

Sona Machinery Total Inventories Chart

Sona Machinery Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Inventories
16.41 19.02 52.69 122.20

Sona Machinery Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Inventories 16.41 19.02 52.69 122.20

Sona Machinery 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.


Sona Machinery  (NSE:SONAMAC) 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.

Sona Machinery'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)
=(466.649+0.75 * 95.316+0.5 * 122.197-203.698
-0-0)/13.740
=28.79

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

Sona Machinery'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
=87.4425/537.426*365 / 2
=29.69

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

Sona Machinery'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 )
=537.426 / 87.4425
=6.15

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.

Sona Machinery'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 )
=87.4425 / 952.971
=0.09

* 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.


Sona Machinery Total Inventories Related Terms

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Sona Machinery Business Description

Traded in Other Exchanges
N/A
Address
Plot F-16 & C-1, Sector: A-3 Tronica City, Industrial Area, Loni, Ghaziabad, UP, IND, 201102
Sona Machinery Ltd is a diversified agro-processing equipment manufacturer company. It manufactures equipment for the processing of rice, pulses, wheat, spices, Barnyard Millet, etc. The company product portfolio includes Grains Pre Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator, etc. along with the complete projects for rice mills and ethanol distilleries. Its services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries, etc.

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