Accuracy Shipping (NSE:ACCURACY) Total Inventories : ₹0 Mil (As of Dec. 2023)

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What is Accuracy Shipping Total Inventories?

Accuracy Shipping's total inventories for the quarter that ended in Dec. 2023 was ₹0 Mil. Accuracy Shipping's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₹150 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Accuracy Shipping's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Accuracy Shipping's Days Inventory for the three months ended in Dec. 2023 was 7.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Accuracy Shipping's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.34.

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. Accuracy Shipping's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Accuracy Shipping Total Inventories Historical Data

The historical data trend for Accuracy Shipping'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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Accuracy Shipping Total Inventories Chart

Accuracy Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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8.19

12.47

12.36

174.50

317.44

Accuracy Shipping Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	317.44	-	299.70	-

Accuracy Shipping 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.

Accuracy Shipping (NSE:ACCURACY) 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.

Accuracy Shipping's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	152.000
=	N/A

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

Accuracy Shipping's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	149.85	/	1848.75	*	365 / 4
	=	7.40

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

Accuracy Shipping's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1848.75	/	149.85
	=	12.34

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.

Accuracy Shipping's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	149.85	/	1874.7
	=	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.

Accuracy Shipping Total Inventories Related Terms

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Accuracy Shipping (NSE:ACCURACY) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Accuracy Shipping Ltd (NSE:ACCURACY) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

Indian Oil Pump Road, ASL House, Survey No. 42, Plot No. 11, Meghpar Borichi, Near Genus Factory, Anjar, Kachchh, GJ, IND, 370110

Website

https://www.aslindia.net

Accuracy Shipping Ltd is a logistics service provider in India. It offers customized and ends to end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services. It offers freight services for the export and import of cargo by multiple modes of transport such as sea, road and air.

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