Richa Info Systems (NSE:RICHASMN) Total Inventories : ₹70.5 Mil (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Richa Info Systems Total Inventories?

Richa Info Systems's total inventories for the quarter that ended in Mar. 2023 was ₹70.5 Mil. Richa Info Systems's average total inventories from the quarter that ended in Sep. 2022 to the quarter that ended in Mar. 2023 was ₹71.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Richa Info Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-33.69.

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 six months 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 Total Inventories Historical Data

The historical data trend for Richa Info Systems'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.

Richa Info Systems Total Inventories Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

2.21

11.44

21.79

34.66

70.51

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Total Inventories	Get a 7-Day Free Trial			21.79	-	34.66	72.05	70.51

Richa Info Systems 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.

Richa Info Systems (NSE:RICHASMN) 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.

Richa Info Systems'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)
=	(3.972	+	0.75 * 92.102	+	0.5 * 70.507	-	190.167
-	0	-	0)	/	2.43
=	-33.69

2. 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 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
	=	71.2785	/	213.59	*	365 / 2
	=	60.90

3. 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 (Q: Mar. 2023 )	/	Average Total Inventories (Q: Mar. 2023 )
	=	213.59	/	71.2785
	=	3.00

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.

Richa Info Systems'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 )
	=	71.2785	/	246.445
	=	0.29

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.

Richa Info Systems Total Inventories Related Terms

Thank you for viewing the detailed overview of Richa Info Systems's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Richa Info Systems (NSE:RICHASMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Richa Info Systems Ltd (NSE:RICHASMN) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

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.

Richa Info Systems (NSE:RICHASMN) Headlines

No Headlines