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Century Enka (BOM:500280) Inventory-to-Revenue : 0.57 (As of Mar. 2024)


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What is Century Enka 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. Century Enka's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹2,692 Mil. Century Enka's Revenue for the three months ended in Mar. 2024 was ₹4,687 Mil. Century Enka's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

Century Enka's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.67) to Dec. 2023 (0.57)

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. Century Enka's Days Inventory for the three months ended in Mar. 2024 was 70.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Century Enka's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.30.


Century Enka Inventory-to-Revenue Historical Data

The historical data trend for Century Enka'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.

Century Enka Inventory-to-Revenue Chart

Century Enka Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.17 0.12 0.13 0.15

Century Enka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.57 0.76 0.67 0.57

Competitive Comparison of Century Enka's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Century Enka'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.


Century Enka's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Century Enka's Inventory-to-Revenue distribution charts can be found below:

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



Century Enka 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.

Century Enka'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 )
=( (2433.6 + 2692.2) / 2 ) / 17441.5
=2562.9 / 17441.5
=0.15

Century Enka'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 + 2692.2) / 1 ) / 4686.8
=2692.2 / 4686.8
=0.57

* 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.


Century Enka  (BOM:500280) 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.

Century Enka'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
=2692.2/3488.8*365 / 4
=70.41

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

Century Enka'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 )
=3488.8 / 2692.2
=1.30

* 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.


Century Enka Inventory-to-Revenue Related Terms

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Century Enka (BOM:500280) Business Description

Traded in Other Exchanges
Address
Plot Number 72 and 72-A, MIDC, Bhosari, Pune, MH, IND, 411026
Century Enka Ltd is engaged in the business of synthetic yarn and related products in India. Its products include polyester filament yarns, fabrics, nylon filament yarns, polyester chips, and nylon chips. Its nylon tyre cord fabrics are used as reinforcement material in bias tyres and nylon textile yarns are used in the apparel industry. Geographically the firm caters its services only in India. The company derives its revenue from the manufacturing and selling of synthetic yarn and related goods.

Century Enka (BOM:500280) Headlines

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