HI-Green Carbon (NSE:HIGREEN) Change In Inventory : ₹-28.9 Mil (TTM As of Mar. 2023)

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What is HI-Green Carbon Change In Inventory?

HI-Green Carbon's change in inventory for the quarter that ended in Mar. 2023 was ₹-28.9 Mil. It means HI-Green Carbon's inventory increased by ₹28.9 Mil from Mar. 2022 to Mar. 2023 .

HI-Green Carbon's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-28.9 Mil. It means HI-Green Carbon's inventory increased by ₹28.9 Mil from Mar. 2022 to Mar. 2023 .

HI-Green Carbon's Total Inventories for the quarter that ended in Mar. 2023 was ₹122.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HI-Green Carbon's Days Inventory for the quarter that ended in Mar. 2023 was 37.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. HI-Green Carbon's Inventory Turnover for the quarter that ended in Mar. 2023 was 4.90.

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. HI-Green Carbon's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.14.

HI-Green Carbon Change In Inventory Historical Data

The historical data trend for HI-Green Carbon'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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HI-Green Carbon Change In Inventory Chart

HI-Green Carbon Annual Data

Trend

Mar21

Mar22

Mar23

Change In Inventory

-59.49

9.62

-28.95

HI-Green Carbon Semi-Annual Data
	Mar21	Mar22	Mar23
Change In Inventory	-59.49	9.62	-28.95

HI-Green Carbon Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-28.9 Mil.

HI-Green Carbon (NSE:HIGREEN) Change In Inventory Explanation

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

HI-Green Carbon's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	108.304	/	530.415	*	365 / 2
	=	37.26

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

HI-Green Carbon's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	530.415	/	108.304
	=	4.90

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.

HI-Green Carbon's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	108.304	/	785.241
	=	0.14

HI-Green Carbon Change In Inventory Related Terms

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HI-Green Carbon (NSE:HIGREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HI-Green Carbon Ltd (NSE:HIGREEN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.higreencarbon.com

HI-Green Carbon Ltd is engaged in the business of waste tyres recycling. Its manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The company processes end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category.

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