Rite Zone Chemcon India (NSE:RITEZONE) Change In Inventory : ₹-1.1 Mil (TTM As of Sep. 2023)

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What is Rite Zone Chemcon India Change In Inventory?

Rite Zone Chemcon India's change in inventory for the quarter that ended in Sep. 2023 was ₹-0.3 Mil. It means Rite Zone Chemcon India's inventory increased by ₹0.3 Mil from Mar. 2023 to Sep. 2023 .

Rite Zone Chemcon India's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-0.9 Mil. It means Rite Zone Chemcon India's inventory increased by ₹0.9 Mil from Mar. 2022 to Mar. 2023 .

Rite Zone Chemcon India's Total Inventories for the quarter that ended in Sep. 2023 was ₹1.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rite Zone Chemcon India's Days Inventory for the quarter that ended in Sep. 2023 was 2.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rite Zone Chemcon India's Inventory Turnover for the quarter that ended in Sep. 2023 was 82.08.

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. Rite Zone Chemcon India's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Rite Zone Chemcon India Change In Inventory Historical Data

The historical data trend for Rite Zone Chemcon India'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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Rite Zone Chemcon India Change In Inventory Chart

Rite Zone Chemcon India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-0.86

Rite Zone Chemcon India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	-0.10	-0.76	-0.29

Rite Zone Chemcon India 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 ₹-1.1 Mil.

Rite Zone Chemcon India (NSE:RITEZONE) Change In Inventory Explanation

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

Rite Zone Chemcon India's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.0015	/	82.205	*	365 / 2
	=	2.22

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

Rite Zone Chemcon India's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	82.205	/	1.0015
	=	82.08

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.

Rite Zone Chemcon India's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.0015	/	108.064
	=	0.01

Rite Zone Chemcon India Change In Inventory Related Terms

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Rite Zone Chemcon India (NSE:RITEZONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rite Zone Chemcon India Ltd (NSE:RITEZONE) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Row House 11, Beverly Park, Row House co-operative housing society Ltd, Mira Road, Thane, MH, IND, 401107

Website

http://www.ritezone.in

Rite Zone Chemcon India Ltd deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building and structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.

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