Richa Info Systems (NSE:RICHASMN) Change In Inventory : ₹-35.8 Mil (TTM As of Mar. 2023)

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What is Richa Info Systems Change In Inventory?

Richa Info Systems's change in inventory for the quarter that ended in Mar. 2023 was ₹1.5 Mil. It means Richa Info Systems's inventory declined by ₹1.5 Mil from Sep. 2022 to Mar. 2023 .

Richa Info Systems's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-35.8 Mil. It means Richa Info Systems's inventory increased by ₹35.8 Mil from Mar. 2022 to Mar. 2023 .

Richa Info Systems's Total Inventories for the quarter that ended in Mar. 2023 was ₹70.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Richa Info Systems's Days Inventory for the quarter that ended in Mar. 2023 was 60.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Richa Info Systems's Inventory Turnover for the quarter that ended in Mar. 2023 was 3.00.

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. Richa Info Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.29.

Richa Info Systems Change In Inventory Historical Data

The historical data trend for Richa Info Systems'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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Richa Info Systems Change In Inventory Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-2.13

-9.22

-10.36

-12.87

-35.84

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Change In Inventory	Get a 7-Day Free Trial			-	-1.15	-11.72	-37.39	1.54

Richa Info Systems 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-35.8 Mil.

Richa Info Systems (NSE:RICHASMN) Change In Inventory Explanation

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

Richa Info Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	71.2785	/	213.59	*	365 / 2
	=	60.90

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

Richa Info Systems's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	213.59	/	71.2785
	=	3.00

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.

Richa Info Systems's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	71.2785	/	246.445
	=	0.29

Richa Info Systems Change In Inventory Related Terms

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Richa Info Systems (NSE:RICHASMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Richa Info Systems Ltd (NSE:RICHASMN) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Opposite Copper Stone, Thaltej-Shilaj Road, Corporate House No. 17, Times Corporate Park, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.richainfosys.com

Richa Info Systems Ltd is engaged in the business of assembling innovative products and systems. It is an innovative company in the field of Education Technology, Collaborative Conferencing and Professional Displays, Security and Surveillance, and Interactive Flat Panels. The majority of revenue is derived from the Interactive Flat panel.

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