RKD Agri & Retail (BOM:511169) Inventory Turnover

: 0.19 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. RKD Agri & Retail's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4.14 Mil. RKD Agri & Retail's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹21.51 Mil. RKD Agri & Retail's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RKD Agri & Retail's Days Inventory for the three months ended in Dec. 2023 was 474.56.

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. RKD Agri & Retail's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 4.63.

RKD Agri & Retail Inventory Turnover Historical Data

The historical data trend for RKD Agri & Retail's Inventory Turnover 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.

RKD Agri & Retail Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

1.80

0.75

0.58

0.94

RKD Agri & Retail Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																0.30	0.21	0.23	0.25	0.19

RKD Agri & Retail Inventory Turnover Calculation

RKD Agri & Retail's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	13.098	/ (	(10.55	+	17.185)	/	2 )
=	13.098	/	13.8675
=	0.94

RKD Agri & Retail's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	4.136	/ (	(21.51	+	0)	/	1 )
=	4.136	/	21.51
=	0.19

RKD Agri & Retail (BOM:511169) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

RKD Agri & Retail's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	21.51	/	4.136	*	365 / 4
	=	474.56

2. 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.

RKD Agri & Retail's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	21.51	/	4.644
	=	4.63

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

RKD Agri & Retail Inventory Turnover Related Terms

Thank you for viewing the detailed overview of RKD Agri & Retail's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

RKD Agri & Retail (BOM:511169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RKD Agri & Retail Ltd (BOM:511169) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Radhakrishna Marg, B-102, Saraswati Apartment, Mogra Village, Andheri (East), Mumbai, MH, IND, 400069

Website

http://www.hfpltd.in

RKD Agri & Retail Ltd, formerly known as Himalchuli Food Products Ltd is engaged in the Business of Agriculture and Retail Trading. The company's operating divisions include Agriculture and Allied Activities, and Wholesale and Retail Sale of Bag Xerox and Printing.

RKD Agri & Retail (BOM:511169) Headlines

No Headlines