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Vibhor Steel Tubes (NSE:VSTL) Total Inventories : ₹1,709 Mil (As of Mar. 2024)


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What is Vibhor Steel Tubes Total Inventories?

Vibhor Steel Tubes's total inventories for the quarter that ended in Mar. 2024 was ₹1,709 Mil. Vibhor Steel Tubes's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was ₹1,604 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vibhor Steel Tubes's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-21.34.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Vibhor Steel Tubes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

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.


Vibhor Steel Tubes Total Inventories Historical Data

The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes Total Inventories Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Inventories
510.57 1,012.11 1,202.99 1,708.83

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24
Total Inventories 510.57 1,012.11 1,202.99 1,499.13 1,708.83

Vibhor Steel Tubes 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.


Vibhor Steel Tubes  (NSE:VSTL) 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.

Vibhor Steel Tubes'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)
=(412.924+0.75 * 509.381+0.5 * 1708.829-2054.115
-0-0)/18.9624
=-21.34

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

Vibhor Steel Tubes's Days Inventory for the three 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
=1603.979/0*365 / 4
=

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

Vibhor Steel Tubes'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 )
=0 / 1603.979
=0.00

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.

Vibhor Steel Tubes'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 )
=1603.979 / 0
=

* 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.


Vibhor Steel Tubes Total Inventories Related Terms

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Vibhor Steel Tubes (NSE:VSTL) Business Description

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Vibhor Steel Tubes Ltd is a manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc.

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