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Swaraj Suiting (NSE:SWARAJ) Total Inventories : ₹681 Mil (As of Mar. 2023)


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What is Swaraj Suiting Total Inventories?

Swaraj Suiting's total inventories for the quarter that ended in Mar. 2023 was ₹681 Mil. Swaraj Suiting's average total inventories from the quarter that ended in Sep. 2022 to the quarter that ended in Mar. 2023 was ₹663 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Swaraj Suiting's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-60.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Swaraj Suiting's Days Inventory for the six months ended in Mar. 2023 was 75.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Swaraj Suiting's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.41.

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. Swaraj Suiting's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.38.


Swaraj Suiting Total Inventories Historical Data

The historical data trend for Swaraj Suiting'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.

Swaraj Suiting Total Inventories Chart

Swaraj Suiting Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
230.72 304.36 306.61 302.69 680.99

Swaraj Suiting Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23
Total Inventories Get a 7-Day Free Trial 306.61 311.12 302.69 644.76 680.99

Swaraj Suiting 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.


Swaraj Suiting  (NSE:SWARAJ) 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.

Swaraj Suiting'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)
=(4.277+0.75 * 566.505+0.5 * 680.993-1641.458
-0-0)/14.4003
=-60.54

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

Swaraj Suiting'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
=662.8785/1598.304*365 / 2
=75.69

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

Swaraj Suiting'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 )
=1598.304 / 662.8785
=2.41

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.

Swaraj Suiting'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 )
=662.8785 / 1744.399
=0.38

* 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.


Swaraj Suiting Total Inventories Related Terms

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Swaraj Suiting (NSE:SWARAJ) Business Description

Traded in Other Exchanges
N/A
Address
RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025
Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

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