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Sukhjit Starch & Chemicals (BOM:524542) Inventory-to-Revenue : 0.62 (As of Mar. 2024)


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What is Sukhjit Starch & Chemicals 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. Sukhjit Starch & Chemicals's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,305 Mil. Sukhjit Starch & Chemicals's Revenue for the three months ended in Mar. 2024 was ₹3,699 Mil. Sukhjit Starch & Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.

Sukhjit Starch & Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.73) to Dec. 2023 (0.62)

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. Sukhjit Starch & Chemicals's Days Inventory for the three months ended in Mar. 2024 was 81.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sukhjit Starch & Chemicals's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.13.


Sukhjit Starch & Chemicals Inventory-to-Revenue Historical Data

The historical data trend for Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals Inventory-to-Revenue Chart

Sukhjit Starch & Chemicals 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 0.13 0.18 0.09 0.10 0.15

Sukhjit Starch & Chemicals 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 0.46 0.55 0.82 0.73 0.62

Competitive Comparison of Sukhjit Starch & Chemicals's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Sukhjit Starch & Chemicals'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.


Sukhjit Starch & Chemicals's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sukhjit Starch & Chemicals's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sukhjit Starch & Chemicals's Inventory-to-Revenue falls into.



Sukhjit Starch & Chemicals 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.

Sukhjit Starch & Chemicals'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 )
=( (1789.427 + 2304.8) / 2 ) / 13753.5
=2047.1135 / 13753.5
=0.15

Sukhjit Starch & Chemicals'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 + 2304.8) / 1 ) / 3699.2
=2304.8 / 3699.2
=0.62

* 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.


Sukhjit Starch & Chemicals  (BOM:524542) 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.

Sukhjit Starch & Chemicals'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
=2304.8/2592.9*365 / 4
=81.11

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

Sukhjit Starch & Chemicals'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 )
=2592.9 / 2304.8
=1.13

* 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.


Sukhjit Starch & Chemicals Inventory-to-Revenue Related Terms

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Sukhjit Starch & Chemicals (BOM:524542) Business Description

Traded in Other Exchanges
Address
Sarai Road, Kapurthala District, Phagwara, PB, IND, 144401
Sukhjit Starch & Chemicals Ltd is an India-based manufacturer of starch and its derivatives. The company's operation is divided into four segments namely Starch and its derivatives, Readymade garments, Leasing and hire purchase financing, and Manufacturing of heavy machinery. It derives key revenue from Starch and its derivatives business division. The company produces maize starch, liquid glucose, high maltose syrup, Monohydrate dextrose, Malto Dextrin, Oxidized Starch, Cationic Starch, Thin Boiling Starch, Pre- Gelatinised Starch, Yellow Dextrin, White Dextrin, Maize Gluten, Maize Germ, Maize Oil, Maize Germ cake, Corn steep liquor, and Maize coarse bran.

Sukhjit Starch & Chemicals (BOM:524542) Headlines

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