Ratnabhumi Developers (BOM:540796) Inventory Turnover : 0.16 (As of Dec. 2024)

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What is Ratnabhumi Developers 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. Ratnabhumi Developers's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹352 Mil. Ratnabhumi Developers's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹2,183 Mil. Ratnabhumi Developers's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ratnabhumi Developers's Days Inventory for the three months ended in Dec. 2024 was 566.01.

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. Ratnabhumi Developers's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.69.

Ratnabhumi Developers Inventory Turnover Historical Data

The historical data trend for Ratnabhumi Developers'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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Ratnabhumi Developers Inventory Turnover Chart

Ratnabhumi Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.50

-0.15

-0.24

-0.19

Ratnabhumi Developers Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-0.05	-0.05	0.14	0.32	0.16

Ratnabhumi Developers Inventory Turnover Calculation

Ratnabhumi Developers'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 )
=	-472.798	/ (	(2109.648	+	2987.441)	/	2 )
=	-472.798	/	2548.5445
=	-0.19

Ratnabhumi Developers's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	351.98	/ (	(2183.268	+	0)	/	1 )
=	351.98	/	2183.268
=	0.16

Ratnabhumi Developers (BOM:540796) 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.

Ratnabhumi Developers's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	2183.268	/	351.98	*	365 / 4
	=	566.01

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.

Ratnabhumi Developers's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	2183.268	/	465.21
	=	4.69

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.

Ratnabhumi Developers Inventory Turnover Related Terms

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Ratnabhumi Developers Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ratnabhumi Developers Ltd (BOM:540796) » Definitions » Inventory Turnover

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Address

Ambli - Bopal Road, Ratna Corporate House, Near Santoor Bungalows, Opposite lane of Parswa laxuria, Ahmedabad, GJ, IND, 380 058

Website

https://www.ratnagroup.co.in

Ratnabhumi Developers Ltd is engaged in the provision of real estate development services. The Company is involved in the business of construction of buildings and other construction-related services and renting services. Its experience varies from land acquisition, authority liaisoning, planned development, identification of project types and locations as well as construction, development, and maintenance of projects commissioned under residential, commercial, retail, plotting, or industrial.

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