GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Globe Multi Ventures Ltd (BOM:540266) » Definitions » Inventory-to-Revenue

Globe Multi Ventures (BOM:540266) Inventory-to-Revenue : 0.03 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Globe Multi Ventures 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. Globe Multi Ventures's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹14 Mil. Globe Multi Ventures's Revenue for the three months ended in Dec. 2023 was ₹413 Mil. Globe Multi Ventures's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Globe Multi Ventures's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.04) to Sep. 2023 (0.03)

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. Globe Multi Ventures's Days Inventory for the three months ended in Dec. 2023 was 3.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Globe Multi Ventures's Inventory Turnover for the quarter that ended in Dec. 2023 was 28.40.


Globe Multi Ventures Inventory-to-Revenue Historical Data

The historical data trend for Globe Multi Ventures'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.

Globe Multi Ventures Inventory-to-Revenue Chart

Globe Multi Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.01

Globe Multi Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 0.04 0.04 0.04 0.03

Competitive Comparison of Globe Multi Ventures's Inventory-to-Revenue

For the Conglomerates subindustry, Globe Multi Ventures'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.


Globe Multi Ventures's Inventory-to-Revenue Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Globe Multi Ventures's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Globe Multi Ventures's Inventory-to-Revenue falls into.



Globe Multi Ventures 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.

Globe Multi Ventures's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (14.926 + 12.836) / 2 ) / 1397.163
=13.881 / 1397.163
=0.01

Globe Multi Ventures's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (14.126 + 0) / 1 ) / 412.632
=14.126 / 412.632
=0.03

* 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.


Globe Multi Ventures  (BOM:540266) 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.

Globe Multi Ventures'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
=14.126/401.236*365 / 4
=3.21

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

Globe Multi Ventures'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 )
=401.236 / 14.126
=28.40

* 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.


Globe Multi Ventures Inventory-to-Revenue Related Terms

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


Globe Multi Ventures (BOM:540266) Business Description

Traded in Other Exchanges
N/A
Address
Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009
Globe Multi Ventures Ltd is engaged in the business of buyer, seller, stockist, agent, brokers, commission agents, and others in agro commodities, sanitary ware, cotton, jute, and all other merchandise goods. The company also provides Management and Financial Consultancy.

Globe Multi Ventures (BOM:540266) Headlines

No Headlines