Ranjeet Mechatronics (BOM:541945) Change In Inventory : ₹6.3 Mil (TTM As of Mar. 2024)

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What is Ranjeet Mechatronics Change In Inventory?

Ranjeet Mechatronics's change in inventory for the quarter that ended in Mar. 2024 was ₹2.9 Mil. It means Ranjeet Mechatronics's inventory declined by ₹2.9 Mil from Sep. 2023 to Mar. 2024 .

Ranjeet Mechatronics's change in inventory for the fiscal year that ended in Mar. 2024 was ₹6.3 Mil. It means Ranjeet Mechatronics's inventory declined by ₹6.3 Mil from Mar. 2023 to Mar. 2024 .

Ranjeet Mechatronics's Total Inventories for the quarter that ended in Mar. 2024 was ₹170.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ranjeet Mechatronics's Days Inventory for the quarter that ended in Mar. 2024 was 306.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ranjeet Mechatronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

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. Ranjeet Mechatronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.51.

Ranjeet Mechatronics Change In Inventory Historical Data

The historical data trend for Ranjeet Mechatronics's Change In Inventory 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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Ranjeet Mechatronics Change In Inventory Chart

Ranjeet Mechatronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-25.02

-23.70

-6.75

45.85

6.32

Ranjeet Mechatronics Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial												12.18	22.24	23.61	3.43	2.89

Ranjeet Mechatronics Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹6.3 Mil.

Ranjeet Mechatronics (BOM:541945) Change In Inventory Explanation

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

Ranjeet Mechatronics's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	172.212	/	102.409	*	365 / 2
	=	306.89

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

Ranjeet Mechatronics's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	102.409	/	172.212
	=	0.59

3. 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.

Ranjeet Mechatronics's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	172.212	/	114.271
	=	1.51

Ranjeet Mechatronics Change In Inventory Related Terms

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Ranjeet Mechatronics (BOM:541945) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ranjeet Mechatronics Ltd (BOM:541945) » Definitions » Change In Inventory

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Address

Anand Nagar Char Rasta, Prahlad Nagar Road, Block A, Office No. 407/408, 4th Floor, Dev Aurum, Ahmedabad, GJ, IND, 380 015

Website

https://www.ranjeet.co.in

Ranjeet Mechatronics Ltd is a company providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in the installation, designing, commission, testing, implementation, management and operational support for technology-based security and fire solutions. Products and services offered by the company include a fire sprinkler system, fire detection system, gas suppression system, fire extinguishers system, fire hydrant system, high-velocity water spray system, and a medium-velocity water spray system.

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