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Accord Synergy (NSE:ACCORD) Inventory-to-Revenue : 0.05 (As of Mar. 2023)


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What is Accord Synergy 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. Accord Synergy's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹7.2 Mil. Accord Synergy's Revenue for the six months ended in Mar. 2023 was ₹135.7 Mil. Accord Synergy's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.05.

Accord Synergy's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Sep. 2022 (0.00) to Sep. 2022 (0.05)

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. Accord Synergy's Days Inventory for the six months ended in Mar. 2023 was 14.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Accord Synergy's Inventory Turnover for the quarter that ended in Mar. 2023 was 12.75.


Accord Synergy Inventory-to-Revenue Historical Data

The historical data trend for Accord Synergy'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.

Accord Synergy Inventory-to-Revenue Chart

Accord Synergy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.09 0.08 0.10 0.15 0.04

Accord Synergy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 0.19 0.20 0.25 - 0.05

Competitive Comparison of Accord Synergy's Inventory-to-Revenue

For the Telecom Services subindustry, Accord Synergy'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.


Accord Synergy's Inventory-to-Revenue Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Accord Synergy's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Accord Synergy's Inventory-to-Revenue falls into.



Accord Synergy 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.

Accord Synergy'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 + 7.193) / 1 ) / 201.469
=7.193 / 201.469
=0.04

Accord Synergy's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (0 + 7.193) / 1 ) / 135.714
=7.193 / 135.714
=0.05

* 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.


Accord Synergy  (NSE:ACCORD) 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.

Accord Synergy's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=7.193/91.682*365 / 2
=14.32

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

Accord Synergy's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=91.682 / 7.193
=12.75

* 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.


Accord Synergy Inventory-to-Revenue Related Terms

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Accord Synergy (NSE:ACCORD) Business Description

Traded in Other Exchanges
N/A
Address
302, Shine Plaza, Near Natubhai Circle, Race Course, Vadodara, GJ, IND, 390007
Accord Synergy Ltd is engaged in support services to the telecom industries. The company has two reportable segments which are Telecom services and Civil contracts of which Telecom services segment generates majority of its revenue for the company. The company offers network planning and optimization, network rollout, managed services, and manpower outsourcing through a sub-contracting basis. It also provides all services related to planning, installation and commissioning, operation, modification and maintenance of telecom networks to the customers. Geographically, it operates only in India.

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