RDB Rasayans (BOM:533608) Inventory Turnover : 3.90 (As of Mar. 2024)

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What is RDB Rasayans Inventory Turnover?

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. RDB Rasayans's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹151 Mil. RDB Rasayans's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹39 Mil. RDB Rasayans's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RDB Rasayans's Days Inventory for the three months ended in Mar. 2024 was 23.42.

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. RDB Rasayans's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

RDB Rasayans Inventory Turnover Historical Data

The historical data trend for RDB Rasayans'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.

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RDB Rasayans Inventory Turnover Chart

RDB Rasayans Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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14.95

27.95

30.87

18.88

16.61

RDB Rasayans Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.89	4.37	4.09	3.67	3.90

RDB Rasayans Inventory Turnover Calculation

RDB Rasayans's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	605.678	/ (	(34.141	+	38.777)	/	2 )
=	605.678	/	36.459
=	16.61

RDB Rasayans's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	151.057	/ (	(0	+	38.777)	/	1 )
=	151.057	/	38.777
=	3.90

RDB Rasayans (BOM:533608) 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.

RDB Rasayans's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	38.777	/	151.057	*	365 / 4
	=	23.42

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.

RDB Rasayans's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	38.777	/	261.293
	=	0.15

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.

RDB Rasayans Inventory Turnover Related Terms

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RDB Rasayans (BOM:533608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » RDB Rasayans Ltd (BOM:533608) » Definitions » Inventory Turnover

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Address

8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Room No. 9, Kolkata, WB, IND, 700001

Website

http://www.rdbgroup.in

RDB Rasayans Ltd is a manufacturer of polymer-based woven bags & FIBC (Jumbo bags) in India. It is engaged in the manufacturing of woven sacks, fabric, flexible intermediate bulk container (FIBC) and liner. Its woven sacks products include food grade bags, fertilizer bags, sugar bags, standard cement bags, and tea/coffee bags. Its fabric products include un-laminate and laminate fabric, ventilated fabric, transparent fabric, and polypropylene (PP) and jute mix fabric. Its FIBC products include circular bags, pallet-less baffle bags, sleeve bags, potato's bags, conical bags and asbestos bags. Geographically the company generates the majority of its revenue Within India.

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