AB Cotspin India (NSE:ABCOTS) Change In Inventory : ₹-197 Mil (TTM As of Sep. 2023)

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What is AB Cotspin India Change In Inventory?

AB Cotspin India's change in inventory for the quarter that ended in Sep. 2023 was ₹90 Mil. It means AB Cotspin India's inventory declined by ₹90 Mil from Mar. 2023 to Sep. 2023 .

AB Cotspin India's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-251 Mil. It means AB Cotspin India's inventory increased by ₹251 Mil from Mar. 2022 to Mar. 2023 .

AB Cotspin India's Total Inventories for the quarter that ended in Sep. 2023 was ₹346 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AB Cotspin India's Days Inventory for the quarter that ended in Sep. 2023 was 84.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. AB Cotspin India's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.15.

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. AB Cotspin India's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.35.

AB Cotspin India Change In Inventory Historical Data

The historical data trend for AB Cotspin India's Change In Inventory 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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AB Cotspin India Change In Inventory Chart

AB Cotspin India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

87.70

2.73

-93.14

98.31

-251.45

AB Cotspin India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	34.71	-286.17	89.66

AB Cotspin India Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-197 Mil.

AB Cotspin India (NSE:ABCOTS) Change In Inventory Explanation

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

AB Cotspin India's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	390.775	/	840.162	*	365 / 2
	=	84.88

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

AB Cotspin India's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	840.162	/	390.775
	=	2.15

3. 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.

AB Cotspin India's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	390.775	/	1110.153
	=	0.35

AB Cotspin India Change In Inventory Related Terms

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AB Cotspin India (NSE:ABCOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AB Cotspin India Ltd (NSE:ABCOTS) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001

Website

https://www.abcotspin.com

AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

AB Cotspin India (NSE:ABCOTS) Headlines

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