Apollo Tyres (NSE:APOLLOTYRE) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Apollo Tyres Change In Inventory?

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

Apollo Tyres's change in inventory for the fiscal year that ended in Mar. 2024 was ₹1,887 Mil. It means Apollo Tyres's inventory declined by ₹1,887 Mil from Mar. 2023 to Mar. 2024 .

Apollo Tyres's Total Inventories for the quarter that ended in Mar. 2024 was ₹42,457 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apollo Tyres's Days Inventory for the quarter that ended in Mar. 2024 was 58.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apollo Tyres's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.

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. Apollo Tyres's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Apollo Tyres Change In Inventory Historical Data

The historical data trend for Apollo Tyres'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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Apollo Tyres Change In Inventory Chart

Apollo Tyres Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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3,799.98

-884.01

-8,628.18

-1,572.41

1,886.58

Apollo Tyres 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															-	-	-	-	-

Apollo Tyres 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.

Apollo Tyres (NSE:APOLLOTYRE) Change In Inventory Explanation

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

Apollo Tyres's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	21228.63	/	33024.2	*	365 / 4
	=	58.66

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	33024.2	/	21228.63
	=	1.56

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21228.63	/	62582.01
	=	0.34

Apollo Tyres Change In Inventory Related Terms

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Apollo Tyres (NSE:APOLLOTYRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Apollo Tyres Ltd (NSE:APOLLOTYRE) » Definitions » Change In Inventory

Traded in Other Exchanges

500877:India

Address

Apollo House, 7 Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.apollotyres.com

Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa, Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.

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