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Flair Writing Industries (BOM:544030) Total Inventories : ₹2,265 Mil (As of Mar. 2024)


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What is Flair Writing Industries Total Inventories?

Flair Writing Industries's total inventories for the quarter that ended in Mar. 2024 was ₹2,265 Mil. Flair Writing Industries's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was ₹2,201 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Flair Writing Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹28.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flair Writing Industries's Days Inventory for the six months ended in Mar. 2024 was 82.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flair Writing Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.21.

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. Flair Writing Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Flair Writing Industries Total Inventories Historical Data

The historical data trend for Flair Writing Industries'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.

Flair Writing Industries Total Inventories Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial 912.04 1,313.85 1,842.96 2,137.61 2,264.60

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Total Inventories Get a 7-Day Free Trial 912.04 1,313.85 1,842.96 2,137.61 2,264.60

Flair Writing Industries 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.

Flair Writing Industries  (BOM:544030) 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.

Flair Writing Industries'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)
=(2382.3+0.75 * 2148.84+0.5 * 2264.6-2090.96
-0--1.99)/105.395
=28.82

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

Flair Writing Industries'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
=2201.105/4856.95*365 / 2
=82.71

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

Flair Writing Industries'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 )
=4856.95 / 2201.105
=2.21

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.

Flair Writing Industries'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 )
=2201.105 / 9787.25
=0.22

* 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.

Flair Writing Industries Total Inventories Related Terms

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Flair Writing Industries (BOM:544030) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (BOM:544030) » Definitions » Total Inventories
Comparable Companies
Traded in Other Exchanges
FLAIR:India
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Website
https://www.flairworld.in
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

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