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. Empire Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1,059 Mil. Empire Industries's Revenue for the
three
months ended in Mar. 2024 was ₹1,520 Mil.
Empire Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.
Empire Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.71) to Dec. 2023 (0.70)
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.
Empire Industries's Days Inventory for the
three
months ended in Mar. 2024 was 142.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Empire Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.
Empire Industries Inventory-to-Revenue Historical Data
The historical data trend for Empire 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.
Competitive Comparison of Empire Industries's Inventory-to-Revenue
For the Conglomerates subindustry, Empire 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.
Empire Industries's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Empire Industries's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Empire Industries's Inventory-to-Revenue falls into.
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.
Empire Industries's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
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.
Empire Industries's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Empire Industries Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Empire Industries's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Empire Industries (BOM:509525) Business Description
Empire Industries Ltd is a multi-divisional company engaged in different businesses. Its segments are Manufacturing - comprising of manufacturing glass bottles; Trading, Business Support Services, Consultancy, Commission; and Property development. The company derives revenue primarily from the business of manufacturing of container glass, trading in frozen foods, indenting and real estate. It also imports frozen foods from the global market and distributes them to hotels, provides office space on a leave and license basis to companies and banks, develops residential, and provides workspace solutions to clients. The company operates in India and internationally.
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