Zeal Global Services (NSE:ZEAL) Total Inventories : ₹0 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Zeal Global Services Total Inventories?

Zeal Global Services's total inventories for the quarter that ended in Mar. 2024 was ₹0 Mil. Zeal Global Services's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was ₹0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zeal Global Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-23.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zeal Global Services's Days Inventory for the six months ended in Mar. 2024 was 0.00.

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

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. Zeal Global Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Zeal Global Services Total Inventories Historical Data

The historical data trend for Zeal Global Services'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.

Zeal Global Services Total Inventories Chart

Zeal Global Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

Zeal Global Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Inventories	Get a 7-Day Free Trial			-	-	-	-	-

Zeal Global Services 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.

Zeal Global Services (NSE:ZEAL) 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.

Zeal Global Services'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)
=	(50.762	+	0.75 * 164.702	+	0.5 * 0	-	485.362
-	0	-	0)	/	13.310
=	-23.37

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

Zeal Global Services'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
	=	0	/	843.425	*	365 / 2
	=	0.00

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

Zeal Global Services'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 )
	=	843.425	/	0
	=	N/A

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.

Zeal Global Services'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 )
	=	0	/	988.562
	=	0.00

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.

Zeal Global Services Total Inventories Related Terms

Thank you for viewing the detailed overview of Zeal Global Services's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Zeal Global Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zeal Global Services Ltd (NSE:ZEAL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037

Website

https://www.zeal-global.com

Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.