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Rudra Gas Enterprise (BOM:544121) Inventory Turnover : 1.84 (As of Sep. 2024)


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What is Rudra Gas Enterprise 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. Rudra Gas Enterprise's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹40.2 Mil. Rudra Gas Enterprise's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹21.8 Mil. Rudra Gas Enterprise's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rudra Gas Enterprise's Days Inventory for the six months ended in Sep. 2024 was 99.23.

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. Rudra Gas Enterprise's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.06.


Rudra Gas Enterprise Inventory Turnover Historical Data

The historical data trend for Rudra Gas Enterprise'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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Rudra Gas Enterprise Inventory Turnover Chart

Rudra Gas Enterprise Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory Turnover
21.21 33.23 26.14 23.08

Rudra Gas Enterprise Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Inventory Turnover Get a 7-Day Free Trial - - 1.21 19.54 1.84

Rudra Gas Enterprise Inventory Turnover Calculation

Rudra Gas Enterprise'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 )
=406.029 / ((15.362 + 19.826) / 2 )
=406.029 / 17.594
=23.08

Rudra Gas Enterprise's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=40.164 / ((19.826 + 23.85) / 2 )
=40.164 / 21.838
=1.84

* 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.


Rudra Gas Enterprise  (BOM:544121) 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.

Rudra Gas Enterprise's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=21.838/40.164*365 / 2
=99.23

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.

Rudra Gas Enterprise's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=21.838 / 395.679
=0.06

* 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.


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.


Rudra Gas Enterprise Inventory Turnover Related Terms

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Rudra Gas Enterprise Business Description

Traded in Other Exchanges
N/A
Address
Science City Road, B-702, The Capital Building, Opposite Hetarth Party Plot, Sola, Ahmedabad, GJ, IND, 380060
Rudra Gas Enterprise Ltd is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles, and provides end-to-end solutions for the city gas distribution sector. City gas distribution business comprises of laying of pipelines for the distribution of the city gas network and construction of associated facilities like CNG (Compressed Natural Gas) stations, erection, installation, testing, and commissioning of the underground pipelines, maintenance, and repair facilities and cater domestic household use; commercial use such as manufacturing industry, power generation, hotels, hospitals, restaurant and offices; and transport sector use in vehicles.

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