GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wardwizard Innovations & Mobility Ltd (BOM:538970) » Definitions » Inventory-to-Revenue

Wardwizard Innovations & Mobility (BOM:538970) Inventory-to-Revenue : 0.61 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Wardwizard Innovations & Mobility 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. Wardwizard Innovations & Mobility's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹776 Mil. Wardwizard Innovations & Mobility's Revenue for the three months ended in Mar. 2024 was ₹1,281 Mil. Wardwizard Innovations & Mobility's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.

Wardwizard Innovations & Mobility's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.96) to Dec. 2023 (0.61)

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. Wardwizard Innovations & Mobility's Days Inventory for the three months ended in Mar. 2024 was 73.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wardwizard Innovations & Mobility's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.24.


Wardwizard Innovations & Mobility Inventory-to-Revenue Historical Data

The historical data trend for Wardwizard Innovations & Mobility'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.

Wardwizard Innovations & Mobility Inventory-to-Revenue Chart

Wardwizard Innovations & Mobility 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 19.55 0.12 0.21 0.29 0.23

Wardwizard Innovations & Mobility Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.09 1.36 1.73 0.96 0.61

Competitive Comparison of Wardwizard Innovations & Mobility's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Wardwizard Innovations & Mobility'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.


Wardwizard Innovations & Mobility's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wardwizard Innovations & Mobility's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Wardwizard Innovations & Mobility's Inventory-to-Revenue falls into.



Wardwizard Innovations & Mobility 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.

Wardwizard Innovations & Mobility'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 )
=( (687.938 + 776.161) / 2 ) / 3214.197
=732.0495 / 3214.197
=0.23

Wardwizard Innovations & Mobility'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 + 776.161) / 1 ) / 1281.145
=776.161 / 1281.145
=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.


Wardwizard Innovations & Mobility  (BOM:538970) 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.

Wardwizard Innovations & Mobility'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
=776.161/962.977*365 / 4
=73.55

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

Wardwizard Innovations & Mobility'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 )
=962.977 / 776.161
=1.24

* 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.


Wardwizard Innovations & Mobility Inventory-to-Revenue Related Terms

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


Wardwizard Innovations & Mobility (BOM:538970) Business Description

Traded in Other Exchanges
N/A
Address
Survey 26/2, Ajwa Road, Opposite Pooja Farm Sayajipura, Vadodara, GJ, IND, 390019
Wardwizard Innovations & Mobility Ltd and its subsidiary are engaged in the manufacturing and selling of transport equipment. It operates through the following segments: Joy E-Bike; Vyom Innovations and Sale of services. Geographically it generates a majority of revenue from India.

Wardwizard Innovations & Mobility (BOM:538970) Headlines

No Headlines