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Accent Microcell (NSE:ACCENTMIC) Total Inventories : ₹537 Mil (As of Mar. 2023)


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What is Accent Microcell Total Inventories?

Accent Microcell's total inventories for the quarter that ended in Mar. 2023 was ₹537 Mil. Accent Microcell's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹466 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Accent Microcell's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-10.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Accent Microcell's Days Inventory for the six months ended in Mar. 2023 was 58.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Accent Microcell's Inventory Turnover for the quarter that ended in Mar. 2023 was 3.11.

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. Accent Microcell's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.23.


Accent Microcell Total Inventories Historical Data

The historical data trend for Accent Microcell'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.

Accent Microcell Total Inventories Chart

Accent Microcell Annual Data
Trend Mar21 Mar22 Mar23
Total Inventories
315.52 395.86 536.51

Accent Microcell Semi-Annual Data
Mar21 Mar22 Mar23
Total Inventories 315.52 395.86 536.51

Accent Microcell 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.


Accent Microcell  (NSE:ACCENTMIC) 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.

Accent Microcell's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.401+0.75 * 239.191+0.5 * 536.513-698.978
-0-0)/21.043
=-10.97

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

Accent Microcell's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=466.186/1450.459*365 / 2
=58.66

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

Accent Microcell's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=1450.459 / 466.186
=3.11

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.

Accent Microcell's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=466.186 / 2041.876
=0.23

* 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.


Accent Microcell Total Inventories Related Terms

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Accent Microcell (NSE:ACCENTMIC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Shyamal Cross Roads, Anandnagar Road, 314, Shangrilla Arcade, Satellite, Ahmedabad, GJ, IND, 380015
Accent Microcell Ltd is a manufacturer of Pharmaceutical Products. It has Products such as Microcrystalline cellulose is a term for refined wood pulp and is used as a texturizer, an anti-caking agent, a fat substitute, an emulsifier, an extender, and a bulking agent in food production; Cross Carmellose Sodium Croscarmellose sodium is an internally cross-linked sodium carboxymethylcellulose for use as a super disintegrant in pharmaceutical formulations; Magnesium Stearate which is also called octadecanoic acid, magnesium salt, is a white substance, powder which becomes solid at room temperature and also produces Cellulose Powder is white or almost white, odourless, tasteless, Practically insoluble in water, dilute acid and organic solvents, Slightly soluble in dilute NaOH solution.

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