RR Financial Consultants (BOM:511626) Inventory Turnover : 0.51 (As of Mar. 2024)

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What is RR Financial Consultants Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. RR Financial Consultants's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14.7 Mil. RR Financial Consultants's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹28.6 Mil. RR Financial Consultants's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RR Financial Consultants's Days Inventory for the three months ended in Mar. 2024 was 177.83.

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. RR Financial Consultants's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.

RR Financial Consultants Inventory Turnover Historical Data

The historical data trend for RR Financial Consultants's Inventory Turnover 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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RR Financial Consultants Inventory Turnover Chart

RR Financial Consultants Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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10.72

7.84

10.53

3.51

2.10

RR Financial Consultants Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.03	0.87	0.52	0.47	0.51

RR Financial Consultants Inventory Turnover Calculation

RR Financial Consultants's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	40.586	/ (	(10.039	+	28.585)	/	2 )
=	40.586	/	19.312
=	2.10

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	14.668	/ (	(0	+	28.585)	/	1 )
=	14.668	/	28.585
=	0.51

RR Financial Consultants (BOM:511626) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

RR Financial Consultants's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	28.585	/	14.668	*	365 / 4
	=	177.83

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	28.585	/	40.896
	=	0.70

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

RR Financial Consultants Inventory Turnover Related Terms

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RR Financial Consultants (BOM:511626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » RR Financial Consultants Ltd (BOM:511626) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

21, Barakhamba Road, 412-422, 4th Floor, Indraprakash Building, New Delhi, IND, 110001

Website

https://www.rrfinance.com

RR Financial Consultants Ltd is an India-based company engaged in the finance and insurance business. The company is also involved in the activities of financial advisory. Its business activities include equity broking, insurance broking, investment banking, and distribution. The company offers products such as stockbroking, commodity broking, futures and options, interest rate derivatives, currency derivatives, corporate and life insurance, retail general insurance, corporate finance, equity capital markets, private equity, mutual funds, fixed deposits, initial public offerings and tax saving schemes. It derives a majority of its revenue from offering brokerage, consultancy, and auxiliary services.

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