Teerth Gopicon (NSE:TGL) Total Inventories : ₹650 Mil (As of Sep. 2024)

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What is Teerth Gopicon Total Inventories?

Teerth Gopicon's total inventories for the quarter that ended in Sep. 2024 was ₹650 Mil. Teerth Gopicon's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was ₹619 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Teerth Gopicon's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-28.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teerth Gopicon's Days Inventory for the six months ended in Sep. 2024 was 241.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Teerth Gopicon's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.76.

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. Teerth Gopicon's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.91.

Teerth Gopicon Total Inventories Historical Data

The historical data trend for Teerth Gopicon'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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Teerth Gopicon Total Inventories Chart

Teerth Gopicon Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Inventories

73.48

75.33

93.40

588.50

Teerth Gopicon Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial			75.33	93.40	272.72	588.50	649.70

Teerth Gopicon 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.

Teerth Gopicon (NSE:TGL) 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.

Teerth Gopicon's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(10.3	+	0.75 * 456.3	+	0.5 * 649.7	-	1022.7
-	0	-	0)	/	12.000
=	-28.78

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

Teerth Gopicon's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	619.1	/	468	*	365 / 2
	=	241.42

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

Teerth Gopicon's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	468	/	619.1
	=	0.76

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.

Teerth Gopicon's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	619.1	/	680
	=	0.91

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.

Teerth Gopicon Total Inventories Related Terms

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Teerth Gopicon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Teerth Gopicon Ltd (NSE:TGL) » Definitions » Total Inventories

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Address

204 Amar Metro, Near BalniketanSangh Pagnis Paga, Pagnispaga, Indore, MP, IND, 452007

Website

https://www.teerthgopicon.com

Teerth Gopicon Ltd is engaged in engineering construction and development, mainly focusing on roads, sewerage, and water distribution projects in Madhya Pradesh. The company provides civil engineering projects such as building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, reuse network, overhead tanks, GSR, Road work, Rejuvenation of Lake, etc. Its projects are MVS Sanaudha Saga, Ladies Hostel Karai, DB Project MP, and others.