GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jio Financial Services Ltd (BOM:543940) » Definitions » Total Inventories

Jio Financial Services (BOM:543940) Total Inventories : ₹0 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Jio Financial Services Total Inventories?

Jio Financial Services's total inventories for the quarter that ended in Dec. 2023 was ₹0 Mil. Jio Financial Services's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₹0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jio Financial Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jio Financial Services's Days Inventory for the three months ended in Dec. 2023 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. Jio Financial Services's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Jio Financial Services Total Inventories Historical Data

The historical data trend for Jio Financial 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.

* Premium members only.

Jio Financial Services Total Inventories Chart

Jio Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only - - - - -

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only - - - - -

Jio Financial 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.


Jio Financial Services  (BOM:543940) 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.

Jio Financial Services's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/6353.28
=N/A

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

Jio Financial Services'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
=0/338.7*365 / 4
=0.00

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

Jio Financial Services's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=338.7 / 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.

Jio Financial Services'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 / 3103.5
=0.00

* 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.


Jio Financial Services Total Inventories Related Terms

Thank you for viewing the detailed overview of Jio Financial Services's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Jio Financial Services (BOM:543940) Business Description

Traded in Other Exchanges
Address
222 Nariman Point, 9th Floor, Maker Chambers 4, Mumbai, MH, IND, 400021
Jio Financial Services Ltd operates as an investment company. The Company is a registered Non-Banking Financial Company - Systemically Important Non-Deposit taking Company. The company is engaged in the business of finance, trading in futures and options, trading/investments in shares and securities in India.

Jio Financial Services (BOM:543940) Headlines

No Headlines