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Ratnamani Metals & Tubes (BOM:520111) Total Inventories : ₹13,487 Mil (As of Mar. 2024)


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What is Ratnamani Metals & Tubes Total Inventories?

Ratnamani Metals & Tubes's total inventories for the quarter that ended in Mar. 2024 was ₹13,487 Mil. Ratnamani Metals & Tubes's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹6,743 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ratnamani Metals & Tubes's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹119.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ratnamani Metals & Tubes's Days Inventory for the three months ended in Mar. 2024 was 60.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ratnamani Metals & Tubes's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.52.

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. Ratnamani Metals & Tubes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.


Ratnamani Metals & Tubes Total Inventories Historical Data

The historical data trend for Ratnamani Metals & 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.

Ratnamani Metals & Tubes Total Inventories Chart

Ratnamani Metals & Tubes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,592.11 5,368.87 11,119.72 12,591.74 13,486.95

Ratnamani Metals & Tubes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,591.74 - 12,362.85 - 13,486.95

Ratnamani Metals & 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.


Ratnamani Metals & Tubes  (BOM:520111) 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.

Ratnamani Metals & 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)
=(3340.332+0.75 * 9414.547+0.5 * 13486.954-8036.328
-0-756.72)/70.092
=119.15

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

Ratnamani Metals & 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
=6743.477/10249.514*365 / 4
=60.04

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

Ratnamani Metals & 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 )
=10249.514 / 6743.477
=1.52

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.

Ratnamani Metals & 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 )
=6743.477 / 14957.054
=0.45

* 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.


Ratnamani Metals & Tubes Total Inventories Related Terms

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Ratnamani Metals & Tubes (BOM:520111) Business Description

Traded in Other Exchanges
Address
The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

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