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R M Drip & Sprinklers Systems (NSE:RMDRIP) Total Inventories : ₹117.3 Mil (As of Sep. 2023)


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What is R M Drip & Sprinklers Systems Total Inventories?

R M Drip & Sprinklers Systems's total inventories for the quarter that ended in Sep. 2023 was ₹117.3 Mil. R M Drip & Sprinklers Systems's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was ₹74.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. R M Drip & Sprinklers Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹0.48.

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 six months ended in Sep. 2023 was 616.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. R M Drip & Sprinklers Systems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.30.

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 quarter that ended in Sep. 2023 was 0.89.


R M Drip & Sprinklers Systems Total Inventories Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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.

* Premium members only.

R M Drip & Sprinklers Systems Total Inventories Chart

R M Drip & Sprinklers Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.99 31.63 27.75 38.52 30.89

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
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 38.52 16.32 30.89 117.34

R M Drip & Sprinklers Systems 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.


R M Drip & Sprinklers Systems  (NSE:RMDRIP) 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.

R M Drip & Sprinklers Systems's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.379+0.75 * 163.985+0.5 * 117.337-127.157
-0-0)/115.360
=0.48

2. 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 six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=74.113/21.938*365 / 2
=616.54

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

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

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=21.938 / 74.113
=0.30

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.

R M Drip & Sprinklers Systems's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=74.113 / 83.443
=0.89

* 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

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.


R M Drip & Sprinklers Systems Total Inventories Related Terms

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

Traded in Other Exchanges
N/A
Address
Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113
R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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