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HariOm Pipe Industries (BOM:543517) Inventory-to-Revenue : 0.90 (As of Mar. 2024)


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What is HariOm Pipe Industries 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. HariOm Pipe Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,965 Mil. HariOm Pipe Industries's Revenue for the three months ended in Mar. 2024 was ₹3,309 Mil. HariOm Pipe Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.90.

HariOm Pipe Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.08) to Dec. 2023 (0.90)

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. HariOm Pipe Industries's Days Inventory for the three months ended in Mar. 2024 was 105.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. HariOm Pipe Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.86.


HariOm Pipe Industries Inventory-to-Revenue Historical Data

The historical data trend for HariOm Pipe Industries'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.

HariOm Pipe Industries Inventory-to-Revenue Chart

HariOm Pipe Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.31 0.28 0.23 0.25 0.22

HariOm Pipe Industries Quarterly Data
Mar19 Mar20 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 0.84 0.88 1.00 1.08 0.90

Competitive Comparison of HariOm Pipe Industries's Inventory-to-Revenue

For the Steel subindustry, HariOm Pipe Industries'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.


HariOm Pipe Industries's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HariOm Pipe Industries's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where HariOm Pipe Industries's Inventory-to-Revenue falls into.



HariOm Pipe Industries 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.

HariOm Pipe Industries'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 )
=( (2121.731 + 2965.398) / 2 ) / 11531.877
=2543.5645 / 11531.877
=0.22

HariOm Pipe Industries'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 + 2965.398) / 1 ) / 3309.204
=2965.398 / 3309.204
=0.90

* 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.


HariOm Pipe Industries  (BOM:543517) 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.

HariOm Pipe Industries'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
=2965.398/2556.735*365 / 4
=105.84

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

HariOm Pipe Industries'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 )
=2556.735 / 2965.398
=0.86

* 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.


HariOm Pipe Industries Inventory-to-Revenue Related Terms

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HariOm Pipe Industries (BOM:543517) Business Description

Traded in Other Exchanges
Address
Samarpan Lane, Plot 3-4-174/12/2, 1st Floor, Besides Spencer’s, Pillar No. 125, Attapur, Hyderabad, TG, IND, 500 048
HariOm Pipe Industries Ltd is a premium manufacturer of iron and steel products. The products are used in industries such as housing, infrastructure, agriculture, automotive solar, fabrication, and engineering.

HariOm Pipe Industries (BOM:543517) Headlines

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