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RBM Infracon (NSE:RBMINFRA) Inventory Turnover : 1.61 (As of Mar. 2023)


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What is RBM Infracon 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. RBM Infracon's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹51.7 Mil. RBM Infracon's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹32.2 Mil. RBM Infracon's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RBM Infracon's Days Inventory for the six months ended in Mar. 2023 was 113.65.

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. RBM Infracon's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.04.


RBM Infracon Inventory Turnover Historical Data

The historical data trend for RBM Infracon'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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RBM Infracon Inventory Turnover Chart

RBM Infracon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory Turnover
- - 7.19 1.61

RBM Infracon Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Inventory Turnover - - 7.19 1.61

RBM Infracon Inventory Turnover Calculation

RBM Infracon's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=51.745 / ((6.004 + 58.441) / 2 )
=51.745 / 32.2225
=1.61

RBM Infracon's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=51.745 / ((6.004 + 58.441) / 2 )
=51.745 / 32.2225
=1.61

* 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.


RBM Infracon  (NSE:RBMINFRA) 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.

RBM Infracon's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=32.2225/51.745*365 / 2
=113.65

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.

RBM Infracon's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=32.2225 / 831.927
=0.04

* 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.


RBM Infracon Inventory Turnover Related Terms

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RBM Infracon (NSE:RBMINFRA) Business Description

Traded in Other Exchanges
N/A
Address
C/O Rahul Mani Tripathi Mb Complex, Main Road, Baitalpur, UP, IND, 274201
RBM Infracon Ltd is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers. The company is involved in ARC (Annual Rate Contracts) Mechanical job (Static +Rotary) at Nayara in different plant like crude Crude ( CDU-VDU) , DHDS, FCCU, NHT-CCR, HMU-I & II , VGO -DHDT-ISOM , CPP ( Boiler , Piping HT job with IBR coordination ) , DCU( Coker) Utility , Off site , RTF (Pit area) dispatch , Rail and Jetty with around 650 Manpower and also involve in ARC maintenance job in RIL-Jamnagar and YARA-Babrala.

RBM Infracon (NSE:RBMINFRA) Headlines

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