Srivari Spices and Foods (NSE:SSFL) Total Inventories : ₹83.4 Mil (As of Mar. 2023)

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What is Srivari Spices and Foods Total Inventories?

Srivari Spices and Foods's total inventories for the quarter that ended in Mar. 2023 was ₹83.4 Mil. Srivari Spices and Foods's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹51.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Srivari Spices and Foods's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-5.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Srivari Spices and Foods's Days Inventory for the six months ended in Mar. 2023 was 37.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Srivari Spices and Foods's Inventory Turnover for the quarter that ended in Mar. 2023 was 4.90.

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. Srivari Spices and Foods's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.14.

Srivari Spices and Foods Total Inventories Historical Data

The historical data trend for Srivari Spices and Foods'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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Srivari Spices and Foods Total Inventories Chart

Srivari Spices and Foods Annual Data

Trend

Mar21

Mar22

Mar23

Total Inventories

10.17

19.53

83.36

Srivari Spices and Foods Semi-Annual Data
	Mar21	Mar22	Mar23
Total Inventories	10.17	19.53	83.36

Srivari Spices and Foods 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.

Srivari Spices and Foods (NSE:SSFL) 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.

Srivari Spices and Foods'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)
=	(0.13	+	0.75 * 115.078	+	0.5 * 83.355	-	165.811
-	0	-	0)	/	7.142
=	-5.28

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

Srivari Spices and Foods'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
	=	51.444	/	252.175	*	365 / 2
	=	37.23

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

Srivari Spices and Foods'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 )
	=	252.175	/	51.444
	=	4.90

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.

Srivari Spices and Foods'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 )
	=	51.444	/	358.129
	=	0.14

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.

Srivari Spices and Foods Total Inventories Related Terms

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Srivari Spices and Foods (NSE:SSFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Srivari Spices and Foods Ltd (NSE:SSFL) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

207, Second Floor, RDB Blue Hope, 4-1-878, 876, 877 and 877/1, Abids, Hyderabad, TG, IND, 500001

Website

https://www.srivarispices.com

Srivari Spices and Foods Ltd is engaged in the business of manufacturing spices and flour (chakki atta) and marketing and selling them in and around Telangana and Andhra Pradesh. The company handpicks its raw materials from various parts of the country and processes its products with utmost care without the use of artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.

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