Siddhika Coatings (NSE:SIDDHIKA) Total Inventories : ₹27.8 Mil (As of Mar. 2022)

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What is Siddhika Coatings Total Inventories?

Siddhika Coatings's total inventories for the quarter that ended in Mar. 2022 was ₹27.8 Mil. Siddhika Coatings's average total inventories from the quarter that ended in Sep. 2021 to the quarter that ended in Mar. 2022 was ₹32.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Siddhika Coatings's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was ₹34.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siddhika Coatings's Days Inventory for the six months ended in Mar. 2022 was 99.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Siddhika Coatings's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.84.

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. Siddhika Coatings's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.27.

Siddhika Coatings Total Inventories Historical Data

The historical data trend for Siddhika Coatings'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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Siddhika Coatings Total Inventories Chart

Siddhika Coatings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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28.98

26.53

30.38

27.80

45.63

Siddhika Coatings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Total Inventories	Get a 7-Day Free Trial			30.53	30.38	36.54	27.80	45.63

Siddhika Coatings 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.

Siddhika Coatings (NSE:SIDDHIKA) 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.

Siddhika Coatings'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)
=	(101.449	+	0.75 * 46.666	+	0.5 * 27.804	-	43.723
-	0	-	0)	/	3.0895
=	34.51

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

Siddhika Coatings'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
	=	32.1715	/	59.24	*	365 / 2
	=	99.11

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

Siddhika Coatings'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 )
	=	59.24	/	32.1715
	=	1.84

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.

Siddhika Coatings'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 )
	=	32.1715	/	119.595
	=	0.27

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.

Siddhika Coatings Total Inventories Related Terms

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Siddhika Coatings (NSE:SIDDHIKA) Business Description

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Address

L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019

Website

https://www.siddhika.com

Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. The paints industry is mainly divided into two segments Decorative and Industrial. The decorative segment accounts for a portion of the paint industry's value, around 75%, and the industrial segment accounts for the rest 25% of the industry's value.

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