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Nitin Spinners (BOM:532698) Inventory-to-Revenue : 0.72 (As of Mar. 2025)


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What is Nitin Spinners 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. Nitin Spinners's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹6,074 Mil. Nitin Spinners's Revenue for the three months ended in Mar. 2025 was ₹8,413 Mil. Nitin Spinners's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.72.

Nitin Spinners's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (0.50) to Dec. 2024 (0.72)

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. Nitin Spinners's Days Inventory for the three months ended in Mar. 2025 was 90.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nitin Spinners's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.00.


Nitin Spinners Inventory-to-Revenue Historical Data

The historical data trend for Nitin Spinners'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.

Nitin Spinners Inventory-to-Revenue Chart

Nitin Spinners Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.14 0.19 0.18 0.18

Nitin Spinners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.70 0.70 0.51 0.50 0.72

Competitive Comparison of Nitin Spinners's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Nitin Spinners'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.


Nitin Spinners's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Nitin Spinners 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.

Nitin Spinners's Inventory-to-Revenue for the fiscal year that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (A: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )
=( (5639.716 + 6073.798) / 2 ) / 33056.542
=5856.757 / 33056.542
=0.18

Nitin Spinners's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (0 + 6073.798) / 1 ) / 8412.946
=6073.798 / 8412.946
=0.72

* 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.


Nitin Spinners  (BOM:532698) 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.

Nitin Spinners's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=6073.798/6101.325*365 / 4
=90.84

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

Nitin Spinners's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=6101.325 / 6073.798
=1.00

* 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.


Nitin Spinners Inventory-to-Revenue Related Terms

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Nitin Spinners Business Description

Traded in Other Exchanges
Address
Chittor Road, 16-17 Km. Stone, Hamirgarh, Bhilwara, RJ, IND, 311025
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.

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