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Piccadily Agro Industries (BOM:530305) Inventory-to-Revenue : 0.74 (As of Mar. 2024)


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What is Piccadily Agro Industries 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. Piccadily Agro Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹1,960 Mil. Piccadily Agro Industries's Revenue for the three months ended in Mar. 2024 was ₹2,665 Mil. Piccadily Agro Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Piccadily Agro Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.53) to Dec. 2023 (0.74)

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. Piccadily Agro Industries's Days Inventory for the three months ended in Mar. 2024 was 154.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Piccadily Agro Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.


Piccadily Agro Industries Inventory-to-Revenue Historical Data

The historical data trend for Piccadily Agro Industries'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.

Piccadily Agro Industries Inventory-to-Revenue Chart

Piccadily Agro Industries 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 0.34 0.33 0.31 0.30 0.25

Piccadily Agro Industries 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 0.98 0.88 0.83 0.53 0.74

Competitive Comparison of Piccadily Agro Industries's Inventory-to-Revenue

For the Confectioners subindustry, Piccadily Agro Industries'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.


Piccadily Agro Industries's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Piccadily Agro Industries's Inventory-to-Revenue falls into.



Piccadily Agro Industries 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.

Piccadily Agro Industries'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 )
=( (1906.744 + 1960.38) / 2 ) / 7745.508
=1933.562 / 7745.508
=0.25

Piccadily Agro Industries'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 + 1960.38) / 1 ) / 2665.279
=1960.38 / 2665.279
=0.74

* 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.


Piccadily Agro Industries  (BOM:530305) 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.

Piccadily Agro Industries'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
=1960.38/1160.247*365 / 4
=154.18

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

Piccadily Agro Industries'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 )
=1160.247 / 1960.38
=0.59

* 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.


Piccadily Agro Industries Inventory-to-Revenue Related Terms

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Piccadily Agro Industries (BOM:530305) Business Description

Traded in Other Exchanges
N/A
Address
Kothi No. 304, Sector 9-D, 3rd Floor, Chandigarh, PB, IND, 160009
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar. It manufactures sugar from sugar cane cultivated in the surrounding rural areas and Sugar, Molasses, Power and Bagasse. The firm is also involved in the manufacture of Rectified spirit, Extra neutral alcohol from molasses, rice, wheat and malt and is also converting resin into pet bottles, used for liquor in the Distillery segment. It operates in the Sugar and Distillery business divisions. The company generates the majority of its revenue from Distillery segment.

Piccadily Agro Industries (BOM:530305) Headlines

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