GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Eimco Elecon India Ltd (BOM:523708) » Definitions » Inventory-to-Revenue

Eimco Elecon India (BOM:523708) Inventory-to-Revenue : 1.05 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Eimco Elecon India Inventory-to-Revenue?

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. Eimco Elecon India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹858 Mil. Eimco Elecon India's Revenue for the three months ended in Mar. 2024 was ₹820 Mil. Eimco Elecon India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Eimco Elecon India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.67) to Dec. 2023 (1.05)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eimco Elecon India's Days Inventory for the three months ended in Mar. 2024 was 150.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eimco Elecon India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.


Eimco Elecon India Inventory-to-Revenue Historical Data

The historical data trend for Eimco Elecon India's Inventory-to-Revenue 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.

Eimco Elecon India Inventory-to-Revenue Chart

Eimco Elecon India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.36 0.65 0.44 0.37

Eimco Elecon India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 Premium Member Only Premium Member Only 1.26 1.80 1.58 1.67 1.05

Competitive Comparison of Eimco Elecon India's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Eimco Elecon India's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eimco Elecon India's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Eimco Elecon India's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Eimco Elecon India's Inventory-to-Revenue falls into.



Eimco Elecon India Inventory-to-Revenue Calculation

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.

Eimco Elecon India's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (787.873 + 857.857) / 2 ) / 2251.469
=822.865 / 2251.469
=0.37

Eimco Elecon India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0 + 857.857) / 1 ) / 820.024
=857.857 / 820.024
=1.05

* 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.


Eimco Elecon India  (BOM:523708) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Eimco Elecon India'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
=857.857/521.097*365 / 4
=150.22

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

Eimco Elecon India'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 )
=521.097 / 857.857
=0.61

* 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.


Eimco Elecon India Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Eimco Elecon India's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Eimco Elecon India (BOM:523708) Business Description

Traded in Other Exchanges
Address
Anand-Sojitra Road, District Anand, Vallabh Vidyanagar, GJ, IND, 388 120
Eimco Elecon India Ltd is an Indian company engaged in the business of manufacturing and supplying equipment for mining and construction sector. Its products include Air motors, Chair lift man riding system, Coal hauler, Drill machine, Load haul dumper (coal mining), Load haul dumper (metal mining), Low profile dump truck, Rocker shovel loader, Side dump loader, and Wheel loader, among others. The group sells its products in India and also exports them to other countries.

Eimco Elecon India (BOM:523708) Headlines

No Headlines