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Trom Industries (NSE:TROM) Total Inventories : ₹119.1 Mil (As of Mar. 2024)


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What is Trom Industries Total Inventories?

Trom Industries's total inventories for the quarter that ended in Mar. 2024 was ₹119.1 Mil. Trom Industries's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹73.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Trom Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trom Industries's Days Inventory for the six months ended in Mar. 2024 was 34.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trom Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.24.

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. Trom Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.


Trom Industries Total Inventories Historical Data

The historical data trend for Trom Industries'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.

Trom Industries Total Inventories Chart

Trom Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Inventories
8.82 9.53 28.11 119.13

Trom Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Inventories 8.82 9.53 28.11 119.13

Trom Industries 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.


Trom Industries  (NSE:TROM) 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.

Trom Industries'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)
=(4.724+0.75 * 123.43+0.5 * 119.132-169.736
-0-0)/9.19487
=-1.40

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

Trom Industries'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
=73.621/386.107*365 / 2
=34.80

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

Trom Industries'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 )
=386.107 / 73.621
=5.24

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.

Trom Industries'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 )
=73.621 / 543.488
=0.14

* 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.


Trom Industries Total Inventories Related Terms

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Trom Industries Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sargasan Cross Road, 4th Floor, 421, Pramukh Tangent, Gandhinagar, GJ, IND, 382421
Trom Industries Ltd is a Solar EPC (Engineering, Procurement, and Construction) company engaged in residential solar rooftop, industrial solar power plants, ground-mounted solar power plants, and solar street lights.

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