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Garware Technical Fibres (BOM:509557) Inventory-to-Revenue : 0.96 (As of Dec. 2023)


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What is Garware Technical Fibres 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. Garware Technical Fibres's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹2,779 Mil. Garware Technical Fibres's Revenue for the three months ended in Dec. 2023 was ₹2,894 Mil. Garware Technical Fibres's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.96.

Garware Technical Fibres's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.85) to Sep. 2023 (0.96)

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. Garware Technical Fibres's Days Inventory for the three months ended in Dec. 2023 was 307.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Garware Technical Fibres's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.30.


Garware Technical Fibres Inventory-to-Revenue Historical Data

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Inventory-to-Revenue Chart

Garware Technical Fibres Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.19 0.19 0.18 0.17

Garware Technical Fibres Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.99 0.60 0.66 0.85 0.96

Competitive Comparison of Garware Technical Fibres's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Garware Technical Fibres's Inventory-to-Revenue falls into.



Garware Technical Fibres 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.

Garware Technical Fibres'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 )
=( (2239.343 + 2143.722) / 2 ) / 12934.822
=2191.5325 / 12934.822
=0.17

Garware Technical Fibres's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (2779.167 + 0) / 1 ) / 2893.73
=2779.167 / 2893.73
=0.96

* 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.


Garware Technical Fibres  (BOM:509557) 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.

Garware Technical Fibres's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2779.167/826.013*365 / 4
=307.02

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

Garware Technical Fibres's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=826.013 / 2779.167
=0.30

* 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.


Garware Technical Fibres Inventory-to-Revenue Related Terms

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Garware Technical Fibres (BOM:509557) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. The firm provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. Its operating segment includes Synthetic Cordage and Fibre and Industrial Products and Projects. The company generates maximum revenue from the Synthetic Cordage segment. Its products include ropes, twine, yarn, fishnet, and other nets.

Garware Technical Fibres (BOM:509557) Headlines

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