RNFI Services (NSE:RNFI) Total Inventories : ₹99 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is RNFI Services Total Inventories?

RNFI Services's total inventories for the quarter that ended in Sep. 2024 was ₹99 Mil. RNFI Services's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was ₹73 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RNFI Services's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-20.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RNFI Services's Days Inventory for the six months ended in Sep. 2024 was 3.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. RNFI Services's Inventory Turnover for the quarter that ended in Sep. 2024 was 59.15.

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. RNFI Services's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.

RNFI Services Total Inventories Historical Data

The historical data trend for RNFI Services'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.

* Premium members only.

RNFI Services Total Inventories Chart

RNFI Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Inventories

31.28

33.80

49.23

46.64

RNFI Services Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial			33.80	49.23	40.58	46.64	99.25

RNFI Services 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.

RNFI Services (NSE:RNFI) 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.

RNFI Services'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)
=	(746.468	+	0.75 * 312.335	+	0.5 * 99.247	-	1543.88
-	0	-	6.955)	/	24.953
=	-20.86

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

RNFI Services'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
	=	72.9435	/	4314.608	*	365 / 2
	=	3.09

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

RNFI Services'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 )
	=	4314.608	/	72.9435
	=	59.15

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.

RNFI Services'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 )
	=	72.9435	/	4581.103
	=	0.02

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.

RNFI Services Total Inventories Related Terms

Thank you for viewing the detailed overview of RNFI Services's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

RNFI Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » RNFI Services Ltd (NSE:RNFI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015

Website

https://www.rnfiservices.com

RNFI Services Ltd is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. It segregates its business into three segments namely; Business correspondent services; Non-business correspondent services; and others. Key revenue is generated from the Non-business correspondent services.

RNFI Services Headlines

No Headlines