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RNFI Services (NSE:RNFI) Cost of Goods Sold : ₹8,232 Mil (TTM As of Sep. 2024)


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What is RNFI Services Cost of Goods Sold?

RNFI Services's cost of goods sold for the six months ended in Sep. 2024 was ₹4,315 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ₹8,232 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. RNFI Services's Gross Margin % for the six months ended in Sep. 2024 was 5.82%.

Cost of Goods Sold is also directly linked to Inventory Turnover. RNFI Services's Inventory Turnover for the six months ended in Sep. 2024 was 59.15.


RNFI Services Cost of Goods Sold Historical Data

The historical data trend for RNFI Services's Cost of Goods Sold 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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RNFI Services Cost of Goods Sold Chart

RNFI Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
1,189.95 1,746.52 10,461.72 9,044.02

RNFI Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Cost of Goods Sold Get a 7-Day Free Trial - - 5,126.23 3,917.79 4,314.61

RNFI Services Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹8,232 Mil.

* 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.


RNFI Services  (NSE:RNFI) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

RNFI Services's Gross Margin % for the six months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(4581.103 - 4314.608) / 4581.103
=5.82 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

RNFI Services's Inventory Turnover for the six months ended in Sep. 2024 is calculated as:

* 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.

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.

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.


RNFI Services Cost of Goods Sold Related Terms

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RNFI Services Business Description

Traded in Other Exchanges
N/A
Address
DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015
RNFI Services Ltd is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. It segregates its business into three segments namely; Business correspondent services; Non-business correspondent services; and others. Key revenue is generated from the Non-business correspondent services.

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