Reliance Industries (LSE:RIGD) Total Inventories : $19,209 Mil (As of Sep. 2024)

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What is Reliance Industries Total Inventories?

Reliance Industries's total inventories for the quarter that ended in Sep. 2024 was $19,209 Mil. Reliance Industries's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $9,604 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reliance Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-23.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reliance Industries's Days Inventory for the three months ended in Sep. 2024 was 44.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliance Industries's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.06.

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. Reliance Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.35.

Reliance Industries Total Inventories Historical Data

The historical data trend for Reliance Industries's Total Inventories 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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Reliance Industries Total Inventories Chart

Reliance Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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9,913.45

11,215.66

14,146.03

17,018.84

18,401.28

Reliance Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															17,606.60	-	18,401.28	-	19,208.51

Reliance Industries Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Reliance Industries (LSE:RIGD) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Reliance Industries's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(27771.24	+	0.75 * 3594.777	+	0.5 * 19208.507	-	102731.678
-	0	-	16096.12)	/	3383.11
=	-23.28

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Reliance Industries's Days Inventory for the three 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
	=	9604.2535	/	19785.18	*	365 / 4
	=	44.30

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Reliance Industries's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	19785.18	/	9604.2535
	=	2.06

4. 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.

Reliance Industries'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 )
	=	9604.2535	/	27632.443
	=	0.35

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Reliance Industries Total Inventories Related Terms

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Reliance Industries Business Description

Industry

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RELIANCE:India 500325:India RIGDl:UK RLI:Germany

Address

222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021

Website

https://www.ril.com

Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.

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