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Rudra Ecovation (BOM:514010) Inventory-to-Revenue : 0.53 (As of Mar. 2024)


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What is Rudra Ecovation 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. Rudra Ecovation's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹52.9 Mil. Rudra Ecovation's Revenue for the three months ended in Mar. 2024 was ₹100.6 Mil. Rudra Ecovation's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Rudra Ecovation's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.18) to Dec. 2023 (0.53)

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. Rudra Ecovation's Days Inventory for the three months ended in Mar. 2024 was 89.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rudra Ecovation's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.02.


Rudra Ecovation Inventory-to-Revenue Historical Data

The historical data trend for Rudra Ecovation'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.

Rudra Ecovation Inventory-to-Revenue Chart

Rudra Ecovation 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 0.66 1.06 0.22 0.23 0.29

Rudra Ecovation 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 1.08 2.68 2.48 1.18 0.53

Competitive Comparison of Rudra Ecovation's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Rudra Ecovation'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.


Rudra Ecovation's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Rudra Ecovation 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.

Rudra Ecovation'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 )
=( (59.897 + 52.938) / 2 ) / 196.179
=56.4175 / 196.179
=0.29

Rudra Ecovation'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 + 52.938) / 1 ) / 100.589
=52.938 / 100.589
=0.53

* 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.


Rudra Ecovation  (BOM:514010) 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.

Rudra Ecovation'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
=52.938/54.204*365 / 4
=89.12

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

Rudra Ecovation'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 )
=54.204 / 52.938
=1.02

* 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.


Rudra Ecovation Inventory-to-Revenue Related Terms

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Rudra Ecovation (BOM:514010) Business Description

Traded in Other Exchanges
N/A
Address
8-L, Model Town, Backside Hotel Chevron, Ludhiana, PB, IND, 141002
Himachal Fibres Ltd is engaged in the business of manufacturing and sale of cotton polyester yarn and knitted clothes. The company is operating in a single segment that is Textiles which include Knitted Fabric and Blended Yarn. The company's product line includes Cotton Yarn, Melange Yarn, Cotton dyed Yarn, open-ended yarn, and Blended Yarn.

Rudra Ecovation (BOM:514010) Headlines

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