Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Inventories

v3.19.1
Inventories
12 Months Ended
Mar. 31, 2019
Inventory Disclosure [Abstract]  
Inventories
Inventories
Inventories consist of the following components:
 
31 March
(Millions of US dollars)
2019
 
2018
Finished goods
$
235.0

 
$
190.3

Work-in-process
7.3

 
8.1

Raw materials and supplies
88.8

 
65.3

Provision for obsolete finished goods and raw materials
(13.7
)
 
(8.0
)
Total inventories
$
317.4

 
$
255.7


As of 31 March 2019 and 2018, US$32.9 million and US$30.2 million, respectively, of the Company’s finished goods inventory balance was held at vendor managed inventory locations.