Bikaji Foods International (BOM:543653) Total Inventories : ₹821 Mil (As of Mar. 2024)

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What is Bikaji Foods International Total Inventories?

Bikaji Foods International's total inventories for the quarter that ended in Mar. 2024 was ₹821 Mil. Bikaji Foods International's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹411 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bikaji Foods International's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bikaji Foods International's Days Inventory for the three months ended in Mar. 2024 was 10.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bikaji Foods International's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.49.

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. Bikaji Foods International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

Bikaji Foods International Total Inventories Historical Data

The historical data trend for Bikaji Foods International'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.

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Bikaji Foods International Total Inventories Chart

Bikaji Foods International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

364.86

567.68

728.92

784.20

821.42

Bikaji Foods International Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial								784.20	-	1,229.83	-	821.42

Bikaji Foods International 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.

Bikaji Foods International (BOM:543653) 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.

Bikaji Foods International'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)
=	(2084.347	+	0.75 * 1035.438	+	0.5 * 821.42	-	3173.735
-	0	-	-22.234)	/	250.382
=	0.48

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

Bikaji Foods International'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
	=	410.71	/	3487.149	*	365 / 4
	=	10.75

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

Bikaji Foods International'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 )
	=	3487.149	/	410.71
	=	8.49

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.

Bikaji Foods International'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 )
	=	410.71	/	5208.259
	=	0.08

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.

Bikaji Foods International Total Inventories Related Terms

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Bikaji Foods International (BOM:543653) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bikaji Foods International Ltd (BOM:543653) » Definitions » Total Inventories

Traded in Other Exchanges

BIKAJI:India

Address

Karni Extension, RIICO Industrial Area, Plot No. E-558-561, C -569-572, E - 573-577, F-585-592, Bikaner, RJ, IND, 334 004

Website

https://www.bikaji.com

Bikaji Foods International Ltd is a fast-moving consumer goods (FMCG) brand with an international footprint, selling Indian snacks and sweets. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. The company has exported its products to international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific.

Bikaji Foods International (BOM:543653) Headlines

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