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Australian Premium Solar (India) (NSE:APS) Inventory-to-Revenue : 0.06 (As of Mar. 2023)


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What is Australian Premium Solar (India) 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. Australian Premium Solar (India)'s Average Total Inventories for the quarter that ended in Mar. 2023 was ₹55.9 Mil. Australian Premium Solar (India)'s Revenue for the six months ended in Mar. 2023 was ₹945.6 Mil. Australian Premium Solar (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.06.

Australian Premium Solar (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Mar. 2022 (0.08) to Mar. 2022 (0.06)

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. Australian Premium Solar (India)'s Days Inventory for the six months ended in Mar. 2023 was 12.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Australian Premium Solar (India)'s Inventory Turnover for the quarter that ended in Mar. 2023 was 14.12.


Australian Premium Solar (India) Inventory-to-Revenue Historical Data

The historical data trend for Australian Premium Solar (India)'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.

Australian Premium Solar (India) Inventory-to-Revenue Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.11 0.08 0.06

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23
Inventory-to-Revenue 0.11 0.08 0.06

Competitive Comparison of Australian Premium Solar (India)'s Inventory-to-Revenue

For the Solar subindustry, Australian Premium Solar (India)'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.


Australian Premium Solar (India)'s Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s Inventory-to-Revenue falls into.



Australian Premium Solar (India) 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.

Australian Premium Solar (India)'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 )
=( (64.784 + 47.086) / 2 ) / 945.592
=55.935 / 945.592
=0.06

Australian Premium Solar (India)'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: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (64.784 + 47.086) / 2 ) / 945.592
=55.935 / 945.592
=0.06

* 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.


Australian Premium Solar (India)  (NSE:APS) 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.

Australian Premium Solar (India)'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
=55.935/789.763*365 / 2
=12.93

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

Australian Premium Solar (India)'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 )
=789.763 / 55.935
=14.12

* 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.


Australian Premium Solar (India) Inventory-to-Revenue Related Terms

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Australian Premium Solar (India) (NSE:APS) Business Description

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Address
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Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

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