IRIS Business Services (BOM:540735) Total Inventories : ₹0 Mil (As of Mar. 2024)

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What is IRIS Business Services Total Inventories?

IRIS Business Services's total inventories for the quarter that ended in Mar. 2024 was ₹0 Mil. IRIS Business Services's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₹0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IRIS Business Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹2.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IRIS Business Services's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

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. IRIS Business Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

IRIS Business Services Total Inventories Historical Data

The historical data trend for IRIS Business Services's Total Inventories 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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IRIS Business Services Total Inventories Chart

IRIS Business Services Annual Data

Trend

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Mar24

Total Inventories

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IRIS Business Services Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

IRIS Business Services Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

IRIS Business Services (BOM:540735) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

IRIS Business Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(232.584	+	0.75 * 223.163	+	0.5 * 0	-	357.619
-	0	-	1.863)	/	19.3612
=	2.09

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

IRIS Business Services'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
	=	0	/	136.354	*	365 / 4
	=	0.00

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

IRIS Business Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	136.354	/	0
	=	N/A

4. 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.

IRIS Business Services'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 )
	=	0	/	303.534
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

IRIS Business Services Total Inventories Related Terms

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IRIS Business Services (BOM:540735) Business Description

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IRIS:India

Address

T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.irisbusiness.com

IRIS Business Services Ltd is a provider of software products for compliance, data, and analytics. It offers products such as IRIS CARBON, a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs, IRIS FinX, an integrated consolidation application, which enables end-to-end financial reporting by extracting data from various source; IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies and IRIS iDEAL, a regulation reporting application for banks and financial institutions. The group's segments are Collect, Create and Consume. Its geographic segments are Middle Eastern Countries, America (including Canada and South American countries), Europe, India, Others.

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