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Suryaamba Spinning Mills (BOM:533101) Inventory-to-Revenue : 0.32 (As of Mar. 2024)


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What is Suryaamba Spinning Mills 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. Suryaamba Spinning Mills's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹179 Mil. Suryaamba Spinning Mills's Revenue for the three months ended in Mar. 2024 was ₹553 Mil. Suryaamba Spinning Mills's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Suryaamba Spinning Mills's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.46) to Dec. 2023 (0.32)

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. Suryaamba Spinning Mills's Days Inventory for the three months ended in Mar. 2024 was 47.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suryaamba Spinning Mills's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.92.


Suryaamba Spinning Mills Inventory-to-Revenue Historical Data

The historical data trend for Suryaamba Spinning Mills'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.

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Suryaamba Spinning Mills Inventory-to-Revenue Chart

Suryaamba Spinning Mills 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 0.09 0.13 0.07 0.07 0.09

Suryaamba Spinning Mills 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 0.29 0.33 0.41 0.46 0.32

Competitive Comparison of Suryaamba Spinning Mills's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Suryaamba Spinning Mills'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.


Suryaamba Spinning Mills's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Suryaamba Spinning Mills's Inventory-to-Revenue falls into.



Suryaamba Spinning Mills 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.

Suryaamba Spinning Mills'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 )
=( (192.227 + 178.906) / 2 ) / 2185.743
=185.5665 / 2185.743
=0.08

Suryaamba Spinning Mills'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 + 178.906) / 1 ) / 553.44
=178.906 / 553.44
=0.32

* 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.


Suryaamba Spinning Mills  (BOM:533101) 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.

Suryaamba Spinning Mills'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
=178.906/342.984*365 / 4
=47.60

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

Suryaamba Spinning Mills'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 )
=342.984 / 178.906
=1.92

* 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.


Suryaamba Spinning Mills Inventory-to-Revenue Related Terms

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Suryaamba Spinning Mills (BOM:533101) Business Description

Traded in Other Exchanges
N/A
Address
128, Chhaoni Katol Road, A-101, Kanha Apartment, Nagpur, MH, IND, 440 013
Suryaamba Spinning Mills Ltd is an India-based company engaged in manufacturing Polyester yarn and Polyester/Viscose Blended Yarn. It manufactures Synthetic Ring Spun Yarn for weaving, knitting, and embroidery and other industrial applications and specialized products according to customer requirements. The Company is operating under only one segment which is Manufacturing and Trading of Yarn. The product categories offered by the company includes 100% Polyester Yarns, Polyester/Viscose Yarns, Viscose Yarns, Other Blends and Fancy Yarns.

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