Gujarat Hy-Spin (BOM:540938) Change In Inventory : ₹-21.6 Mil (TTM As of Mar. 2024)

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What is Gujarat Hy-Spin Change In Inventory?

Gujarat Hy-Spin's change in inventory for the quarter that ended in Mar. 2024 was ₹18.7 Mil. It means Gujarat Hy-Spin's inventory declined by ₹18.7 Mil from Sep. 2023 to Mar. 2024 .

Gujarat Hy-Spin's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-21.6 Mil. It means Gujarat Hy-Spin's inventory increased by ₹21.6 Mil from Mar. 2023 to Mar. 2024 .

Gujarat Hy-Spin's Total Inventories for the quarter that ended in Mar. 2024 was ₹123.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gujarat Hy-Spin's Days Inventory for the quarter that ended in Mar. 2024 was 56.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat Hy-Spin's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.23.

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. Gujarat Hy-Spin's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

Gujarat Hy-Spin Change In Inventory Historical Data

The historical data trend for Gujarat Hy-Spin'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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Gujarat Hy-Spin Change In Inventory Chart

Gujarat Hy-Spin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-12.22

31.21

52.98

-52.68

-21.59

Gujarat Hy-Spin Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial														-14.73	9.39	-62.07	-40.26	18.66

Gujarat Hy-Spin 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-21.6 Mil.

Gujarat Hy-Spin (BOM:540938) Change In Inventory Explanation

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

Gujarat Hy-Spin's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	102.027	/	329.657	*	365 / 2
	=	56.48

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

Gujarat Hy-Spin's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	329.657	/	102.027
	=	3.23

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.

Gujarat Hy-Spin's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	102.027	/	434.23
	=	0.23

Gujarat Hy-Spin Change In Inventory Related Terms

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Gujarat Hy-Spin (BOM:540938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gujarat Hy-Spin Ltd (BOM:540938) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Gundala Road, P. O. Box No. 22, Rajkot District, Gondal, GJ, IND, 360311

Website

http://www.gujarathyspin.com

Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market it to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company generates maximum revenue through the sale of its cotton yarn product.

Gujarat Hy-Spin (BOM:540938) Headlines

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