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UltraTech Cement (NSE:ULTRACEMCO) Total Inventories : ₹83,297 Mil (As of Mar. 2024)


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What is UltraTech Cement Total Inventories?

UltraTech Cement's total inventories for the quarter that ended in Mar. 2024 was ₹83,297 Mil. UltraTech Cement's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹41,649 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. UltraTech Cement's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-854.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UltraTech Cement's Days Inventory for the three months ended in Mar. 2024 was 99.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. UltraTech Cement's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.91.

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. UltraTech Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.


UltraTech Cement Total Inventories Historical Data

The historical data trend for UltraTech Cement'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.

UltraTech Cement Total Inventories Chart

UltraTech Cement Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41,833.50 40,179.70 55,955.80 66,118.30 83,297.40

UltraTech Cement Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66,118.30 - 76,456.00 - 83,297.40

UltraTech Cement 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.


UltraTech Cement  (NSE:ULTRACEMCO) 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.

UltraTech Cement'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)
=(85783.6+0.75 * 42781.6+0.5 * 83297.4-405185.9
-0-559.4)/288.188
=-854.40

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

UltraTech Cement's Days Inventory for the three 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
=41648.7/38093.5*365 / 4
=99.77

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

UltraTech Cement'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 )
=38093.5 / 41648.7
=0.91

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.

UltraTech Cement'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 )
=41648.7 / 204189.4
=0.20

* 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.


UltraTech Cement Total Inventories Related Terms

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UltraTech Cement (NSE:ULTRACEMCO) Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400 093
UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. UltraTech has one of the largest production capacities of any firm in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries.

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