GURUFOCUS.COM » STOCK LIST » Technology » Software » Roadzen Inc (NAS:RDZN) » Definitions » Change In Inventory

Roadzen (Roadzen) Change In Inventory : $0.12 Mil (TTM As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Roadzen Change In Inventory?

Roadzen's change in inventory for the quarter that ended in Dec. 2023 was $0.10 Mil. It means Roadzen's inventory declined by $0.10 Mil from Sep. 2023 to Dec. 2023 .

Roadzen's change in inventory for the fiscal year that ended in Mar. 2023 was $-0.01 Mil. It means Roadzen's inventory increased by $0.01 Mil from Mar. 2022 to Mar. 2023 .

Roadzen's Total Inventories for the quarter that ended in Dec. 2023 was $0.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Roadzen's Days Inventory for the quarter that ended in Dec. 2023 was 1.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Roadzen's Inventory Turnover for the quarter that ended in Dec. 2023 was 84.15.

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. Roadzen's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Roadzen Change In Inventory Historical Data

The historical data trend for Roadzen'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.

* Premium members only.

Roadzen Change In Inventory Chart

Roadzen Annual Data
Trend Mar21 Mar22 Mar23
Change In Inventory
- -0.06 -0.01

Roadzen Quarterly Data
Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial - -0.02 0.02 - 0.10

Roadzen 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.12 Mil.

* 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.


Roadzen  (NAS:RDZN) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.081/6.816*365 / 4
=1.08

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

Roadzen's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Roadzen's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Roadzen Change In Inventory Related Terms

Thank you for viewing the detailed overview of Roadzen's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Roadzen (Roadzen) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904
Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines