GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajanta Soya Ltd (BOM:519216) » Definitions » Inventory-to-Revenue

Ajanta Soya (BOM:519216) Inventory-to-Revenue : 0.40 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ajanta Soya 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. Ajanta Soya's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹961 Mil. Ajanta Soya's Revenue for the three months ended in Mar. 2024 was ₹2,400 Mil. Ajanta Soya's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Ajanta Soya's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.42) to Dec. 2023 (0.40)

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. Ajanta Soya's Days Inventory for the three months ended in Mar. 2024 was 38.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ajanta Soya's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.35.


Ajanta Soya Inventory-to-Revenue Historical Data

The historical data trend for Ajanta Soya'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.

Ajanta Soya Inventory-to-Revenue Chart

Ajanta Soya 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 0.06 0.04 0.06 0.10 0.10

Ajanta Soya 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 0.40 0.43 0.40 0.42 0.40

Competitive Comparison of Ajanta Soya's Inventory-to-Revenue

For the Packaged Foods subindustry, Ajanta Soya'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.


Ajanta Soya's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajanta Soya's Inventory-to-Revenue distribution charts can be found below:

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



Ajanta Soya 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.

Ajanta Soya'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 )
=( (1111.702 + 960.911) / 2 ) / 10221.566
=1036.3065 / 10221.566
=0.10

Ajanta Soya'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 + 960.911) / 1 ) / 2400.329
=960.911 / 2400.329
=0.40

* 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.


Ajanta Soya  (BOM:519216) 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.

Ajanta Soya'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
=960.911/2257.979*365 / 4
=38.83

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

Ajanta Soya'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 )
=2257.979 / 960.911
=2.35

* 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.


Ajanta Soya Inventory-to-Revenue Related Terms

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


Ajanta Soya (BOM:519216) Business Description

Traded in Other Exchanges
N/A
Address
A-8, Netaji Subhash Place, 12th Floor, Bigjos Tower, Wazirpur District Centre, New Delhi, IND, 110 034
Ajanta Soya Ltd engages in the manufacture of vanaspati and refined oil with shortening products for the bakery like biscuits, puffs, pastries, and other applications. Its brands include Anchal, Dhruv, and Parv. The company generates a majority of its revenue from the sale of refined oil.

Ajanta Soya (BOM:519216) Headlines

No Headlines