Astral (NSE:ASTRAL) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Astral Change In Inventory?

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

Astral's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-388 Mil. It means Astral's inventory increased by ₹388 Mil from Mar. 2023 to Mar. 2024 .

Astral's Total Inventories for the quarter that ended in Mar. 2024 was ₹9,134 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Astral's Days Inventory for the quarter that ended in Mar. 2024 was 42.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Astral's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.14.

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. Astral's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.

Astral Change In Inventory Historical Data

The historical data trend for Astral'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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Astral Change In Inventory Chart

Astral Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-1,434.00

683.00

-2,613.00

-904.00

-388.00

Astral 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															-	-	-	-	-

Astral 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.

Astral (NSE:ASTRAL) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4567	/	9787	*	365 / 4
	=	42.58

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9787	/	4567
	=	2.14

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4567	/	16251
	=	0.28

Astral Change In Inventory Related Terms

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Astral (NSE:ASTRAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Astral Ltd (NSE:ASTRAL) » Definitions » Change In Inventory

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532830:India

Address

Off. S.G. Highway, Astral House, 207/1, Behind Rajpath Club, Ahmedabad, GJ, IND, 380059

Website

https://www.astralpipes.com

Astral Ltd manufactures plumbing systems, drainage systems, agriculture, industrial and electrical conduit pipes with various types of fittings. Operations are divided into two business segment units: Plumbing, and Paints and Adhesives. Astral's list of clients includes hospitals, resorts, parks, stadiums, government facilities, and a host of other industries. The majority of the company's products are utilized across India. Pipes and systems are sold under several brand names and can be built to withstand many conditions imposed by a system's environment and meet several requirements and regulations.

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