Race Eco Chain (BOM:537785) Change In Inventory : ₹-3 Mil (TTM As of Sep. 2023)

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What is Race Eco Chain Change In Inventory?

Race Eco Chain's change in inventory for the quarter that ended in Sep. 2023 was ₹-3 Mil. It means Race Eco Chain's inventory increased by ₹3 Mil from Mar. 2023 to Sep. 2023 .

Race Eco Chain's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-3 Mil. It means Race Eco Chain's inventory increased by ₹3 Mil from Mar. 2023 to Mar. 2024 .

Race Eco Chain's Total Inventories for the quarter that ended in Sep. 2023 was ₹0 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Race Eco Chain's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.

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.

Race Eco Chain Change In Inventory Historical Data

The historical data trend for Race Eco Chain's Change In Inventory 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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Race Eco Chain Change In Inventory Chart

Race Eco Chain Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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29.57

-6.48

41.43

-3.22

-3.48

Race Eco Chain Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial															4.24	-7.02	3.81	-2.56	-0.92

Race Eco Chain Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-3 Mil.

Race Eco Chain (BOM:537785) Change In Inventory Explanation

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

Race Eco Chain's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.0765	/	0	*	365 / 2
	=	N/A

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

Race Eco Chain's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	3.0765
	=	0.00

3. 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.

Race Eco Chain's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.0765	/	0
	=	N/A

Race Eco Chain Change In Inventory Related Terms

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Race Eco Chain (BOM:537785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Race Eco Chain Ltd (BOM:537785) » Definitions » Change In Inventory

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Traded in Other Exchanges

RACE:India

Address

Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010

Website

https://www.raceecochain.com

Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's business segments are Biomass Fuel; Plastic Waste; and Recycled Products. It generates the majority of its revenue from the Plastic Waste segment.

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