GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ajcon Global Services Ltd (BOM:511692) » Definitions » Inventory-to-Revenue

Ajcon Global Services (BOM:511692) Inventory-to-Revenue : 3.68 (As of Jun. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Ajcon Global Services 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. Ajcon Global Services's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹137.7 Mil. Ajcon Global Services's Revenue for the three months ended in Jun. 2024 was ₹37.4 Mil. Ajcon Global Services's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 3.68.

Ajcon Global Services's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (4.48) to Mar. 2024 (3.68)

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. Ajcon Global Services's Days Inventory for the three months ended in Jun. 2024 was 410.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ajcon Global Services's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.22.


Ajcon Global Services Inventory-to-Revenue Historical Data

The historical data trend for Ajcon Global Services'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.

Ajcon Global Services Inventory-to-Revenue Chart

Ajcon Global Services 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 0.35 0.20 0.26 1.39 1.03

Ajcon Global Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.02 5.23 4.10 4.48 3.68

Competitive Comparison of Ajcon Global Services's Inventory-to-Revenue

For the Capital Markets subindustry, Ajcon Global Services'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.


Ajcon Global Services's Inventory-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ajcon Global Services's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ajcon Global Services's Inventory-to-Revenue falls into.



Ajcon Global Services 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.

Ajcon Global Services'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 )
=( (109.621 + 137.701) / 2 ) / 119.545
=123.661 / 119.545
=1.03

Ajcon Global Services's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (137.701 + 0) / 1 ) / 37.405
=137.701 / 37.405
=3.68

* 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.


Ajcon Global Services  (BOM:511692) 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.

Ajcon Global Services's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=137.701/30.575*365 / 4
=410.96

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

Ajcon Global Services's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=30.575 / 137.701
=0.22

* 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.


Ajcon Global Services Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ajcon Global Services's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Ajcon Global Services Business Description

Traded in Other Exchanges
N/A
Address
Western Express Highway, 408, A-Wing, Express Zone, Near Patels, Goregaon (East), Mumbai, MH, IND, 400063
Ajcon Global Services Ltd is an India based company engages in the provision of financial services. Its services include equity broking, commodity broking, depository services, commodity broking, corporate advisory services, equity research, loan syndication, turnkey projects, corporate advisory services, investment banking and merchant banking. The company generates revenue from stock market operations, consultancy and advisory services, and facility fees.

Ajcon Global Services Headlines

No Headlines