Response Informatics (BOM:538273) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Response Informatics 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. Response Informatics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹63.0 Mil. Response Informatics's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Response Informatics's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Response Informatics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Response Informatics Inventory Turnover Historical Data

The historical data trend for Response Informatics'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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Response Informatics Inventory Turnover Chart

Response Informatics Annual Data

Trend

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Inventory Turnover

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Response Informatics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Response Informatics Inventory Turnover Calculation

Response Informatics's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	72.34	/ (	(0	+	0)	/	1 )
=	72.34	/	0
=	N/A

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	63.041	/ (	(0	+	0)	/	1 )
=	63.041	/	0
=	N/A

Response Informatics (BOM:538273) 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.

Response Informatics's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	63.041	*	365 / 4
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	83.42
	=	0.00

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.

Response Informatics Inventory Turnover Related Terms

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Response Informatics (BOM:538273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Response Informatics Ltd (BOM:538273) » Definitions » Inventory Turnover

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Address

Plot No. 42, Nagarjuna Hills, Punjagutta, Hyderabad, TG, IND, 500082

Website

https://www.responseinformaticsltd.com

Response Informatics Ltd is involved in providing information technology solutions. Its services include Blockchain Technology, Artificial Intelligence and Machine Learning, Internet of Things and Robotic Process Automation (RPA), IT Staffing and Human Resource Services, and Management End-End Servicing. It derives revenue from software Staffing, Consultancy, and allied services.

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