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

Inventories

v3.20.1
Inventories
 12 Months Ended
Mar. 31, 2020
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following components:
 
31 March
(Millions of US dollars)
2020
 
2019
Finished goods
$
224.4

 
$
235.0

Work-in-process
8.1

 
7.3

Raw materials and supplies
87.0

 
88.8

Provision for obsolete finished goods and raw materials
(14.4
)
 
(13.7
)
Total inventories
$
305.1

 
$
317.4


As of 31 March 2020 and 2019, US$37.9 million and US$32.9 million, respectively, of the Company’s finished goods inventory balance was held at vendor managed inventory locations.