Solitaire Machine Tools (BOM:522152) Change In Inventory : ₹0.0 Mil (TTM As of Mar. 2024)

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What is Solitaire Machine Tools Change In Inventory?

Solitaire Machine Tools's change in inventory for the quarter that ended in Mar. 2024 was ₹0.0 Mil. It means Solitaire Machine Tools's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Solitaire Machine Tools's change in inventory for the fiscal year that ended in Mar. 2024 was ₹0.4 Mil. It means Solitaire Machine Tools's inventory declined by ₹0.4 Mil from Mar. 2023 to Mar. 2024 .

Solitaire Machine Tools's Total Inventories for the quarter that ended in Mar. 2024 was ₹54.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solitaire Machine Tools's Days Inventory for the quarter that ended in Mar. 2024 was 72.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solitaire Machine Tools's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.27.

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. Solitaire Machine Tools's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

Solitaire Machine Tools Change In Inventory Historical Data

The historical data trend for Solitaire Machine Tools's Change In Inventory 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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Solitaire Machine Tools Change In Inventory Chart

Solitaire Machine Tools Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-30.86

46.67

-18.45

11.35

0.44

Solitaire Machine Tools Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Solitaire Machine Tools Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

Solitaire Machine Tools (BOM:522152) Change In Inventory Explanation

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

Solitaire Machine Tools's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	27.3895	/	34.697	*	365 / 4
	=	72.03

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

Solitaire Machine Tools's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.697	/	27.3895
	=	1.27

3. 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.

Solitaire Machine Tools's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	27.3895	/	66.158
	=	0.41

Solitaire Machine Tools Change In Inventory Related Terms

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Solitaire Machine Tools (BOM:522152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solitaire Machine Tools Ltd (BOM:522152) » Definitions » Change In Inventory

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Address

A-24/25, Krishna Industrial Estate, Gorwa, Vadodara, GJ, IND, 390016

Website

https://www.smtgrinders.com

Solitaire Machine Tools Ltd manufactures precision centerless grinders. The company has one reportable segment namely Centerless Grinding Machine & Spares parts & Accessories. The firm also offers CNC products, including precision servo infeed attachments, servo drives for regulating wheels, two-axis CNC grinding wheel dressers, and diamond roll dressers for grinding wheels, as well as two, three, four, and five-axis CNC grinder controls. The company also provides remanufacturing and CNC retrofitting services for grinders. Its centerless grinders are used in the industry like an automobile, automobile ancillaries, textiles machinery, steel industry, and bearing industry.

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