Mahickra Chemicals (NSE:MAHICKRA) Change In Inventory : ₹-54.4 Mil (TTM As of Sep. 2023)

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What is Mahickra Chemicals Change In Inventory?

Mahickra Chemicals's change in inventory for the quarter that ended in Sep. 2023 was ₹-47.2 Mil. It means Mahickra Chemicals's inventory increased by ₹47.2 Mil from Mar. 2023 to Sep. 2023 .

Mahickra Chemicals's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-15.2 Mil. It means Mahickra Chemicals's inventory increased by ₹15.2 Mil from Mar. 2022 to Mar. 2023 .

Mahickra Chemicals's Total Inventories for the quarter that ended in Sep. 2023 was ₹237.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mahickra Chemicals's Days Inventory for the quarter that ended in Sep. 2023 was 127.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mahickra Chemicals's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.43.

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. Mahickra Chemicals's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.59.

Mahickra Chemicals Change In Inventory Historical Data

The historical data trend for Mahickra Chemicals'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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Mahickra Chemicals Change In Inventory Chart

Mahickra Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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16.88

-29.07

-34.99

-26.38

-15.20

Mahickra Chemicals Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial												-7.09	-19.29	-7.97	-7.23	-47.19

Mahickra Chemicals 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 ₹-54.4 Mil.

Mahickra Chemicals (NSE:MAHICKRA) Change In Inventory Explanation

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

Mahickra Chemicals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	213.4305	/	305.119	*	365 / 2
	=	127.66

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

Mahickra Chemicals's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	305.119	/	213.4305
	=	1.43

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.

Mahickra Chemicals's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	213.4305	/	364.645
	=	0.59

Mahickra Chemicals Change In Inventory Related Terms

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Mahickra Chemicals (NSE:MAHICKRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mahickra Chemicals Ltd (NSE:MAHICKRA) » Definitions » Change In Inventory

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Address

Plot No. 1201-1202, Phase-3, G.I.D.C Estate, Vatva, Ahmedabad, GJ, IND, 382445

Website

https://www.mahickra.com

Mahickra Chemicals Ltd is an India based company engaged in the business of manufacturing of dyes and chemicals. It also exports dyes and chemical products. The product portfolio of the company includes Reactive dyes, Acid dyes, Direct dyes, Pigment powder and emulsion, Specialty chemicals and Synthetic food colors.

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