Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) Inventory Turnover: 0.17 (As of Jun. 2021)

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DHA:RSRMSTEEL Ratanpur Steel Re-Rolling Mills Ltd DHA:RSRMSTEEL
5 GF Score
Price BDT7.80
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What is Ratanpur Steel Re-Rolling Mills Inventory Turnover?

Ratanpur Steel Re-Rolling Mills DHA:RSRMSTEEL -1.27% 5 Inventory Turnover is 0.17 as of Jun. 2021. GuruFocus rates DHA:RSRMSTEEL with a GF Score™ of 5/100.

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. Ratanpur Steel Re-Rolling Mills's Cost of Goods Sold for the three months ended in Jun. 2021 was BDT284 Mil. Ratanpur Steel Re-Rolling Mills's Average Total Inventories for the quarter that ended in Jun. 2021 was BDT1,696 Mil. Ratanpur Steel Re-Rolling Mills's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ratanpur Steel Re-Rolling Mills's Days Inventory for the three months ended in Jun. 2021 was 544.82.

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. Ratanpur Steel Re-Rolling Mills's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 6.92.

Ratanpur Steel Re-Rolling Mills  (DHA:RSRMSTEEL) 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.

Ratanpur Steel Re-Rolling Mills's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=1695.561/283.982*365 / 4
=544.82

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.

Ratanpur Steel Re-Rolling Mills's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=1695.561 / 245.026
=6.92

* 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.

Ratanpur Steel Re-Rolling Mills Inventory Turnover Related Terms

Ratanpur Steel Re-Rolling Mills Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ratanpur Steel Re-Rolling Mills'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.

Ratanpur Steel Re-Rolling Mills Inventory Turnover Chart

Ratanpur Steel Re-Rolling Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Inventory Turnover
Get a 7-Day Free Trial 3.56 3.34 3.13 1.62 0.96

Ratanpur Steel Re-Rolling Mills Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.38 0.36 0.02 0.17
DHA:RSRMSTEEL
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Ratanpur Steel Re-Rolling Mills Ltd DHA:RSRMSTEEL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratanpur Steel Re-Rolling Mills Inventory Turnover Calculation

Ratanpur Steel Re-Rolling Mills's Inventory Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Inventory Turnover (A: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2021 ) / ((Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count )
=1640.924 / ((1846.029 + 1563.266) / 2 )
=1640.924 / 1704.6475
=0.96

Ratanpur Steel Re-Rolling Mills's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=283.982 / ((1827.856 + 1563.266) / 2 )
=283.982 / 1695.561
=0.17

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.17 mean?
Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) has a Inventory Turnover of 0.17 as of Jun. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ratanpur Steel Re-Rolling Mills and its competitors.
Is Ratanpur Steel Re-Rolling Mills' Inventory Turnover too high?
Ratanpur Steel Re-Rolling Mills' current Inventory Turnover is 0.17. Overall, Ratanpur Steel Re-Rolling Mills has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ratanpur Steel Re-Rolling Mills' Inventory Turnover compare to NUE and STLD?
Ratanpur Steel Re-Rolling Mills' Inventory Turnover of 0.17 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Steel company?
A good Inventory Turnover depends on the Steel industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ratanpur Steel Re-Rolling Mills and its competitors. Ratanpur Steel Re-Rolling Mills's current Inventory Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratanpur Steel Re-Rolling Mills stock overvalued right now?
Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) has a current Inventory Turnover of 0.17. The current Inventory Turnover is 0.17. Ratanpur Steel Re-Rolling Mills' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL), the current Inventory Turnover is 0.17 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ratanpur Steel Re-Rolling Mills Business Description

Address 116 C.D.A Avenue, Nahar Mansion, Muradpur, Chittagong, BGD
Ratanpur Steel Re-Rolling Mills Ltd is a steel manufacturing company. The principal activities of the company is to manufacture and sales of a deformed bar of various grades. It is also engaged in the recycling of ships, providing shipping services, real estate, and others.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT7.80
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