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Nakoda Group of Industries (BOM:541418) Inventory-to-Revenue : 1.26 (As of Dec. 2023)


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What is Nakoda Group of 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. Nakoda Group of Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹182.4 Mil. Nakoda Group of Industries's Revenue for the three months ended in Dec. 2023 was ₹144.6 Mil. Nakoda Group of Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.26.

Nakoda Group of Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.43) to Sep. 2023 (1.26)

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. Nakoda Group of Industries's Days Inventory for the three months ended in Dec. 2023 was 125.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nakoda Group of Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.73.


Nakoda Group of Industries Inventory-to-Revenue Historical Data

The historical data trend for Nakoda Group of 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.

Nakoda Group of Industries Inventory-to-Revenue Chart

Nakoda Group of Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.59 0.47 0.28 0.33

Nakoda Group of Industries Quarterly Data
Dec17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.00 1.56 1.96 1.43 1.26

Competitive Comparison of Nakoda Group of Industries's Inventory-to-Revenue

For the Packaged Foods subindustry, Nakoda Group of 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.


Nakoda Group of Industries's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Nakoda Group of Industries's Inventory-to-Revenue falls into.



Nakoda Group of 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.

Nakoda Group of Industries's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (174.069 + 182.274) / 2 ) / 536.908
=178.1715 / 536.908
=0.33

Nakoda Group of Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (182.398 + 0) / 1 ) / 144.59
=182.398 / 144.59
=1.26

* 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.


Nakoda Group of Industries  (BOM:541418) 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.

Nakoda Group of Industries's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=182.398/132.842*365 / 4
=125.29

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

Nakoda Group of Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=132.842 / 182.398
=0.73

* 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.


Nakoda Group of Industries Inventory-to-Revenue Related Terms

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Nakoda Group of Industries (BOM:541418) Business Description

Traded in Other Exchanges
Address
South Old Bagad Ganj, Plot No. 239, Small Factory Area, Nagpur, MH, IND, 440008
Nakoda Group of Industries Ltd is engaged in the manufacturing of tutti fruity and canned fruit cubes. The company is also engaged in trading of sesame seeds, clove, cut peel murabba, karonda, daalchini and toor daal. Its product categories comprise of jams, candies, canned products, pickles, papads, bakery ingredients, edible seeds and nuts, fruit pulp, and chickpeas.

Nakoda Group of Industries (BOM:541418) Headlines

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