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Mideast Integrated Steels (BOM:540744) Inventory-to-Revenue : 1.61 (As of Dec. 2023)


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What is Mideast Integrated Steels 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. Mideast Integrated Steels's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹2,122 Mil. Mideast Integrated Steels's Revenue for the three months ended in Dec. 2023 was ₹1,318 Mil. Mideast Integrated Steels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.61.

Mideast Integrated Steels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (1.00) to Sep. 2023 (1.61)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mideast Integrated Steels's Days Inventory for the three months ended in Dec. 2023 was 167.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mideast Integrated Steels's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.54.


Mideast Integrated Steels Inventory-to-Revenue Historical Data

The historical data trend for Mideast Integrated Steels'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.

Mideast Integrated Steels Inventory-to-Revenue Chart

Mideast Integrated Steels 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 0.22 0.49 0.92 0.91 0.29

Mideast Integrated Steels 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 1.46 1.04 0.81 1.00 1.61

Competitive Comparison of Mideast Integrated Steels's Inventory-to-Revenue

For the Steel subindustry, Mideast Integrated Steels'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.


Mideast Integrated Steels's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mideast Integrated Steels's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mideast Integrated Steels's Inventory-to-Revenue falls into.



Mideast Integrated Steels 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.

Mideast Integrated Steels'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 )
=( (2458.71 + 2205.54) / 2 ) / 8027.75
=2332.125 / 8027.75
=0.29

Mideast Integrated Steels'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 )
=( (2122.21 + 0) / 1 ) / 1318.09
=2122.21 / 1318.09
=1.61

* 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.


Mideast Integrated Steels  (BOM:540744) 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.

Mideast Integrated Steels'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
=2122.21/1154.43*365 / 4
=167.75

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

Mideast Integrated Steels'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 )
=1154.43 / 2122.21
=0.54

* 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.


Mideast Integrated Steels Inventory-to-Revenue Related Terms

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Mideast Integrated Steels (BOM:540744) Business Description

Traded in Other Exchanges
N/A
Address
Kailash Colony, H-1, Mesco Tower, Zamrudpur Community Centre, New Delhi, IND, 110048
Mideast Integrated Steels Ltd is engaged in the business of extraction of iron ore. The company operates through a single segment namely the Iron and Steel business. It manufactures various products such as pig iron scrap including plates, fines fresh, and boulders, iron ore calibrated lump ores consisting of iron ore fines, and screened lump, coke breeze, granulated slag, and lime slurry. In addition, it also offers repair services.

Mideast Integrated Steels (BOM:540744) Headlines

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