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Micropro Software Solutions (NSE:MICROPRO) Total Inventories : ₹3.3 Mil (As of Mar. 2023)


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What is Micropro Software Solutions Total Inventories?

Micropro Software Solutions's total inventories for the quarter that ended in Mar. 2023 was ₹3.3 Mil. Micropro Software Solutions's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Mar. 2023 was ₹3.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Micropro Software Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Micropro Software Solutions's Days Inventory for the six months ended in Mar. 2023 was 7.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Micropro Software Solutions's Inventory Turnover for the quarter that ended in Mar. 2023 was 25.09.

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. Micropro Software Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.01.

Micropro Software Solutions Total Inventories Historical Data

The historical data trend for Micropro Software Solutions's Total Inventories 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.

* Premium members only.

Micropro Software Solutions Total Inventories Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
Total Inventories
3.38 2.71 3.33

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Total Inventories 3.38 2.71 3.33

Micropro Software Solutions Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Micropro Software Solutions  (NSE:MICROPRO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Micropro Software Solutions's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.149+0.75 * 121.425+0.5 * 3.327-91.136
-0-0)/14.380
=1.37

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

Micropro Software Solutions's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=3.017/75.696*365 / 2
=7.27

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

Micropro Software Solutions's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=75.696 / 3.017
=25.09

4. 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.

Micropro Software Solutions's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=3.017 / 219.364
=0.01

* 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.

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Micropro Software Solutions Total Inventories Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

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Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Website
https://www.microproindia.com
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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