R M Drip & Sprinklers Systems (NSE:RMDRIP) Change In Inventory : ₹-101.0 Mil (TTM As of Sep. 2023)

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What is R M Drip & Sprinklers Systems Change In Inventory?

R M Drip & Sprinklers Systems's change in inventory for the quarter that ended in Sep. 2023 was ₹-86.4 Mil. It means R M Drip & Sprinklers Systems's inventory increased by ₹86.4 Mil from Mar. 2023 to Sep. 2023 .

R M Drip & Sprinklers Systems's change in inventory for the fiscal year that ended in Mar. 2023 was ₹7.6 Mil. It means R M Drip & Sprinklers Systems's inventory declined by ₹7.6 Mil from Mar. 2022 to Mar. 2023 .

R M Drip & Sprinklers Systems's Total Inventories for the quarter that ended in Sep. 2023 was ₹117.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. R M Drip & Sprinklers Systems's Days Inventory for the quarter that ended in Sep. 2023 was 616.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. R M Drip & Sprinklers Systems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.30.

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. R M Drip & Sprinklers Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.89.

R M Drip & Sprinklers Systems Change In Inventory Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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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R M Drip & Sprinklers Systems Change In Inventory Chart

R M Drip & Sprinklers Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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17.93

4.36

3.88

-10.77

7.63

R M Drip & Sprinklers Systems Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial													-1.33	-9.45	22.20	-14.57	-86.45

R M Drip & Sprinklers Systems 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 ₹-101.0 Mil.

R M Drip & Sprinklers Systems (NSE:RMDRIP) Change In Inventory Explanation

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

R M Drip & Sprinklers Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	74.113	/	21.938	*	365 / 2
	=	616.54

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

R M Drip & Sprinklers Systems's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.938	/	74.113
	=	0.30

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.

R M Drip & Sprinklers Systems's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	74.113	/	83.443
	=	0.89

R M Drip & Sprinklers Systems Change In Inventory Related Terms

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R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » R M Drip & Sprinklers Systems Ltd (NSE:RMDRIP) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113

Website

http://www.rmdrip.com

R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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