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Ekennis Software Service (BOM:543475) Inventory-to-Revenue : 0.16 (As of Sep. 2023)


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What is Ekennis Software Service 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. Ekennis Software Service's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹2.64 Mil. Ekennis Software Service's Revenue for the six months ended in Sep. 2023 was ₹16.94 Mil. Ekennis Software Service's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.16.

Ekennis Software Service's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.09) to Mar. 2023 (0.16)

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. Ekennis Software Service's Days Inventory for the six months ended in Sep. 2023 was 70.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ekennis Software Service's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.60.


Ekennis Software Service Inventory-to-Revenue Historical Data

The historical data trend for Ekennis Software Service'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.

Ekennis Software Service Inventory-to-Revenue Chart

Ekennis Software Service Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
- 0.01 0.01 0.02

Ekennis Software Service Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial 0.02 0.02 0.03 0.09 0.16

Competitive Comparison of Ekennis Software Service's Inventory-to-Revenue

For the Information Technology Services subindustry, Ekennis Software Service'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.


Ekennis Software Service's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Ekennis Software Service's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ekennis Software Service's Inventory-to-Revenue falls into.



Ekennis Software Service 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.

Ekennis Software Service'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 )
=( (0.6 + 2.402) / 2 ) / 63.287
=1.501 / 63.287
=0.02

Ekennis Software Service's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (2.402 + 2.87) / 2 ) / 16.936
=2.636 / 16.936
=0.16

* 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.


Ekennis Software Service  (BOM:543475) 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.

Ekennis Software Service's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=2.636/6.863*365 / 2
=70.10

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

Ekennis Software Service's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=6.863 / 2.636
=2.60

* 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.


Ekennis Software Service Inventory-to-Revenue Related Terms

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Ekennis Software Service (BOM:543475) Business Description

Traded in Other Exchanges
N/A
Address
No. 1&2 Second Floor, Neeladri Circle, Electronic City Phase-1, Dodathogur Village, Bangalore, KA, IND, 560100
Ekennis Software Service Ltd operates in the Information technology and Printing Industry. It is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Training, Enterprise Resource Planning solutions, Learning Management solutions, 3D Printing, Digital Printing and Packaging Design Management consultancy. The company generates majority of its revenue from Manpower Supply Services.

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