What is Patels Airtemp (India) 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. Patels Airtemp (India)'s Average Total Inventories for the quarter that ended in Dec. 2023 was ₹1,722 Mil. Patels Airtemp (India)'s Revenue for the
three
months ended in Dec. 2023 was ₹873 Mil.
Patels Airtemp (India)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.97.
Patels Airtemp (India)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (2.02) to Sep. 2023 (1.97)
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.
Patels Airtemp (India)'s Days Inventory for the
three
months ended in Dec. 2023 was 276.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Patels Airtemp (India)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 0.33.
Patels Airtemp (India) Inventory-to-Revenue Historical Data
The historical data trend for Patels Airtemp (India)'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 Patels Airtemp (India)'s Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Patels Airtemp (India)'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.
Patels Airtemp (India)'s Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Patels Airtemp (India)'s Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Patels Airtemp (India)'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.
Patels Airtemp (India)'s Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 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.
Patels Airtemp (India)'s Days Inventory for the
three
months ended in Dec. 2023 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.
Patels Airtemp (India) Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Patels Airtemp (India)'s Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Patels Airtemp (India) (BOM:517417) Business Description
Patels Airtemp (India) Ltd is in the engineering industry and is engaged in manufacturing/fabricating tailor-made machines. The company manufactures and sells heat exchangers such as shell and tube type, finned tube type and air-cooled heat exchangers, pressure vessels, air-conditioning and refrigeration equipment, and turnkey HVAC projects in India, and marketing of equipment outside India. The products are supplied to Industrial sections like power projects, refineries, fertilizers, cement, petrochemicals, pharmaceuticals, textile, and chemical industries. The company also has a wholly owned subsidiary company Patels Airtemp (USA) Inc. in the USA.
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