Global Pet Industries (NSE:GLOBALPET) Total Inventories : ₹52.5 Mil (As of Mar. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Global Pet Industries Total Inventories?

Global Pet Industries's total inventories for the quarter that ended in Mar. 2022 was ₹52.5 Mil. Global Pet Industries's average total inventories from the quarter that ended in Mar. 2021 to the quarter that ended in Mar. 2022 was ₹51.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Global Pet Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was ₹0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Pet Industries's Days Inventory for the six months ended in Mar. 2022 was 50.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Pet Industries's Inventory Turnover for the quarter that ended in Mar. 2022 was 3.65.

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. Global Pet Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.19.

Global Pet Industries Total Inventories Historical Data

The historical data trend for Global Pet 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.

Global Pet Industries Total Inventories Chart

Global Pet Industries Annual Data

Trend

Mar20

Mar21

Mar22

Total Inventories

16.39

50.57

52.52

Global Pet Industries Semi-Annual Data
	Mar20	Mar21	Mar22
Total Inventories	16.39	50.57	52.52

Global Pet 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.

Global Pet Industries (NSE:GLOBALPET) 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.

Global Pet Industries's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

	Net-Net Working Capital Per Share (Q: Mar. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(62.231	+	0.75 * 16.352	+	0.5 * 52.516	-	97.466
-	0	-	0)	/	9.787
=	0.34

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

Global Pet Industries's Days Inventory for the six months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	51.5435	/	188.087	*	365 / 2
	=	50.01

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

Global Pet Industries's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2022 )	/	Average Total Inventories (Q: Mar. 2022 )
	=	188.087	/	51.5435
	=	3.65

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.

Global Pet Industries's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	51.5435	/	276.057
	=	0.19

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.

Global Pet Industries Total Inventories Related Terms

Thank you for viewing the detailed overview of Global Pet Industries's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Pet Industries (NSE:GLOBALPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208

Website

https://www.globalpetind.com

Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

Global Pet Industries (NSE:GLOBALPET) Headlines

No Headlines