RITES (BOM:541556) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is RITES Change In Inventory?

RITES's change in inventory for the quarter that ended in Mar. 2024 was ₹0 Mil. It means RITES's inventory stayed the same from Dec. 2023 to Mar. 2024 .

RITES's change in inventory for the fiscal year that ended in Mar. 2024 was ₹414 Mil. It means RITES's inventory declined by ₹414 Mil from Mar. 2023 to Mar. 2024 .

RITES's Total Inventories for the quarter that ended in Mar. 2024 was ₹49 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RITES's Days Inventory for the quarter that ended in Mar. 2024 was 0.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. RITES's Inventory Turnover for the quarter that ended in Mar. 2024 was 119.40.

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. RITES's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

RITES Change In Inventory Historical Data

The historical data trend for RITES'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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RITES Change In Inventory Chart

RITES Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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942.60

-2,789.30

1,508.80

895.80

414.40

RITES Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

RITES 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

RITES (BOM:541556) Change In Inventory Explanation

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

RITES's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	24.65	/	2943.2	*	365 / 4
	=	0.76

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

RITES's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2943.2	/	24.65
	=	119.40

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.

RITES's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.65	/	6438.5
	=	0.00

RITES Change In Inventory Related Terms

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RITES (BOM:541556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » RITES Ltd (BOM:541556) » Definitions » Change In Inventory

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Traded in Other Exchanges

RITES:India

Address

Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001

Website

https://www.rites.com

RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.

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