R M Drip & Sprinklers Systems (NSE:RMDRIP) Days Inventory : 616.54 (As of Sep. 2023)

R M Drip & Sprinklers Systems Days Inventory Chart

R M Drip & Sprinklers Systems Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Inventory		Get a 7-Day Free Trial					83.82	87.31	108.52	98.64	139.00

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
Days Inventory	Get a 7-Day Free Trial													124.88	85.67	114.33	90.96	616.54

Competitive Comparison of R M Drip & Sprinklers Systems's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

R M Drip & Sprinklers Systems's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Days Inventory falls into.

R M Drip & Sprinklers Systems Days Inventory Calculation

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 fiscal year that ended in Mar. 2023 is calculated as

R M Drip & Sprinklers Systems's Days Inventory for the quarter that ended in Sep. 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.

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

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 six months ended in Sep. 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

R M Drip & Sprinklers Systems Days Inventory Related Terms

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