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Thaai Casting (NSE:TCL) Total Inventories : ₹276.6 Mil (As of Mar. 2024)


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What is Thaai Casting Total Inventories?

Thaai Casting's total inventories for the quarter that ended in Mar. 2024 was ₹276.6 Mil. Thaai Casting's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹161.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Thaai Casting's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-12.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thaai Casting's Days Inventory for the six months ended in Mar. 2024 was 79.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thaai Casting's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.31.

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. Thaai Casting's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


Thaai Casting Total Inventories Historical Data

The historical data trend for Thaai Casting'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.

Thaai Casting Total Inventories Chart

Thaai Casting Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Inventories
37.99 48.57 45.90 276.59

Thaai Casting Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Inventories 37.99 48.57 45.90 276.59

Thaai Casting 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.


Thaai Casting  (NSE:TCL) 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.

Thaai Casting'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)
=(115.236+0.75 * 119.06+0.5 * 276.585-629.927
-0-0)/23.1296
=-12.41

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

Thaai Casting'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
=161.2435/371.931*365 / 2
=79.12

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

Thaai Casting'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 )
=371.931 / 161.2435
=2.31

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.

Thaai Casting'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 )
=161.2435 / 709.614
=0.23

* 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.


Thaai Casting Total Inventories Related Terms

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Thaai Casting Business Description

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Traded in Other Exchanges
N/A
Address
7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.

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