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Goodyear India (BOM:500168) Inventory-to-Revenue : 0.40 (As of Sep. 2024)


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What is Goodyear 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. Goodyear India's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹2,713 Mil. Goodyear India's Revenue for the three months ended in Sep. 2024 was ₹6,823 Mil. Goodyear India's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.40.

Goodyear India's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.44) to Jun. 2024 (0.40)

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. Goodyear India's Days Inventory for the three months ended in Sep. 2024 was 48.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodyear India's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.88.


Goodyear India Inventory-to-Revenue Historical Data

The historical data trend for Goodyear 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.

Goodyear India Inventory-to-Revenue Chart

Goodyear India Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.08 0.09 0.10 0.12

Goodyear India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.37 0.43 0.59 0.44 0.40

Competitive Comparison of Goodyear India's Inventory-to-Revenue

For the Auto Parts subindustry, Goodyear 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.


Goodyear India's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear India's Inventory-to-Revenue distribution charts can be found below:

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



Goodyear 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.

Goodyear India'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 )
=( (2863.3 + 3044.9) / 2 ) / 25150.8
=2954.1 / 25150.8
=0.12

Goodyear India's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (0 + 2713.2) / 1 ) / 6822.5
=2713.2 / 6822.5
=0.40

* 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.


Goodyear India  (BOM:500168) 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.

Goodyear India's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=2713.2/5089.8*365 / 4
=48.64

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

Goodyear India's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=5089.8 / 2713.2
=1.88

* 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.


Goodyear India Inventory-to-Revenue Related Terms

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Goodyear India Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, ABW Elegance Tower, Plot No. 8, Commercial Centre, Jasola, New Delhi, IND, 110 025
Goodyear India Ltd is an Indian company. The company is engaged in the business of manufacturing and trading tyres, tubes, and flaps. It sells tyres of its own brand Goodyear. Geographically, it derives a majority of revenue from India. Its only operating segment is Automotive tyres, tubes, and flaps. It generates maximum revenue from Tyres products.

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