Jindal Stainless (BOM:532508) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Jindal Stainless Change In Inventory?

Jindal Stainless's change in inventory for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Jindal Stainless's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Jindal Stainless's change in inventory for the fiscal year that ended in Mar. 2024 was ₹4,620 Mil. It means Jindal Stainless's inventory declined by ₹4,620 Mil from Mar. 2023 to Mar. 2024 .

Jindal Stainless's Total Inventories for the quarter that ended in Mar. 2024 was ₹79,315 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jindal Stainless's Days Inventory for the quarter that ended in Mar. 2024 was 51.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jindal Stainless's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.77.

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. Jindal Stainless's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Jindal Stainless Change In Inventory Historical Data

The historical data trend for Jindal Stainless'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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Jindal Stainless Change In Inventory Chart

Jindal Stainless Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-3,243.70

-496.20

-23,612.00

-16,085.40

4,619.80

Jindal Stainless Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Jindal Stainless 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 Mil.

Jindal Stainless (BOM:532508) Change In Inventory Explanation

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

Jindal Stainless's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	39657.5	/	70177.9	*	365 / 4
	=	51.57

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

Jindal Stainless's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70177.9	/	39657.5
	=	1.77

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.

Jindal Stainless's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39657.5	/	94540.2
	=	0.42

Jindal Stainless Change In Inventory Related Terms

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Jindal Stainless (BOM:532508) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jindal Stainless Ltd (BOM:532508) » Definitions » Change In Inventory

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JSL:India

Address

Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066

Website

https://www.jindalstainless.com

Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives most of the revenue from the sale of steel products.

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