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Menon Pistons (BOM:531727) Inventory-to-Revenue : 0.41 (As of Jun. 2024)


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What is Menon Pistons 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. Menon Pistons's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹283 Mil. Menon Pistons's Revenue for the three months ended in Jun. 2024 was ₹694 Mil. Menon Pistons's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.41.

Menon Pistons's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (0.53) to Mar. 2024 (0.41)

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. Menon Pistons's Days Inventory for the three months ended in Jun. 2024 was 85.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Menon Pistons's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.07.


Menon Pistons Inventory-to-Revenue Historical Data

The historical data trend for Menon Pistons'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.

Menon Pistons Inventory-to-Revenue Chart

Menon Pistons 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 0.16 0.15 0.12 0.11 0.11

Menon Pistons 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 0.38 0.33 0.35 0.53 0.41

Competitive Comparison of Menon Pistons's Inventory-to-Revenue

For the Auto Parts subindustry, Menon Pistons'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.


Menon Pistons's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Menon Pistons's Inventory-to-Revenue distribution charts can be found below:

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



Menon Pistons 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.

Menon Pistons'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 )
=( (271.462 + 282.953) / 2 ) / 2492.556
=277.2075 / 2492.556
=0.11

Menon Pistons'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 )
=( (282.953 + 0) / 1 ) / 693.989
=282.953 / 693.989
=0.41

* 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.


Menon Pistons  (BOM:531727) 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.

Menon Pistons'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
=282.953/303.045*365 / 4
=85.20

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

Menon Pistons'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 )
=303.045 / 282.953
=1.07

* 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.


Menon Pistons Inventory-to-Revenue Related Terms

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Menon Pistons Business Description

Traded in Other Exchanges
N/A
Address
182, Shiroli, Kolhapur, MH, IND, 416122
Menon Pistons Ltd engages in the manufacturing and trade of automotive parts and components. It offers pistons, gudgeon pins; gallery cut section, and rings. The company's products include cooled gallery section, articulated and Kirloskar Copeland pistons, and others for commercial vehicles, tractors, passenger cars, and heavy duty stationery engines. It has only one segment of activity namely Automotive Component.

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