Synoptics Technologies (NSE:SYNOPTICS) Total Inventories : ₹58.4 Mil (As of Mar. 2022)

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What is Synoptics Technologies Total Inventories?

Synoptics Technologies's total inventories for the quarter that ended in Mar. 2022 was ₹58.4 Mil. Synoptics Technologies's average total inventories from the quarter that ended in Mar. 2021 to the quarter that ended in Mar. 2022 was ₹39.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Synoptics Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was ₹-13.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Synoptics Technologies's Days Inventory for the six months ended in Mar. 2022 was 32.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Synoptics Technologies's Inventory Turnover for the quarter that ended in Mar. 2022 was 5.66.

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. Synoptics Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.08.

Synoptics Technologies Total Inventories Historical Data

The historical data trend for Synoptics 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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Synoptics Technologies Total Inventories Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Total Inventories

15.13

20.93

58.43

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Total Inventories	15.13	20.93	58.43

Synoptics 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.

Synoptics Technologies (NSE:SYNOPTICS) 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.

Synoptics Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

	Net-Net Working Capital Per Share (Q: Mar. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(16.568	+	0.75 * 108.052	+	0.5 * 58.43	-	240.295
-	0	-	0)	/	8.480
=	-13.38

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

Synoptics Technologies's Days Inventory for the six months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	39.6795	/	224.668	*	365 / 2
	=	32.23

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

Synoptics Technologies's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2022 )	/	Average Total Inventories (Q: Mar. 2022 )
	=	224.668	/	39.6795
	=	5.66

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.

Synoptics Technologies's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	39.6795	/	509.232
	=	0.08

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.

Synoptics Technologies Total Inventories Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

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Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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