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Adani Green Energy (BOM:541450) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Adani Green Energy 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. Adani Green Energy's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹520 Mil. Adani Green Energy's Revenue for the three months ended in Dec. 2023 was ₹23,110 Mil. Adani Green Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Adani Green Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.02) to Sep. 2023 (0.02)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adani Green Energy's Days Inventory for the three months ended in Dec. 2023 was 11.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adani Green Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.90.


Adani Green Energy Inventory-to-Revenue Historical Data

The historical data trend for Adani Green Energy'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.

Adani Green Energy Inventory-to-Revenue Chart

Adani Green Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.44 0.05 0.02 - -

Adani Green Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Adani Green Energy's Inventory-to-Revenue

For the Utilities - Renewable subindustry, Adani Green Energy'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.


Adani Green Energy's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Green Energy's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Adani Green Energy's Inventory-to-Revenue falls into.



Adani Green Energy 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.

Adani Green Energy'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 )
=( (170 + 520) / 2 ) / 77920
=345 / 77920
=0.00

Adani Green Energy'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 )
=( (520 + 0) / 1 ) / 23110
=520 / 23110
=0.02

* 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.


Adani Green Energy  (BOM:541450) 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.

Adani Green Energy'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
=520/4110*365 / 4
=11.55

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

Adani Green Energy'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 )
=4110 / 520
=7.90

* 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.


Adani Green Energy Inventory-to-Revenue Related Terms

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Adani Green Energy (BOM:541450) Business Description

Traded in Other Exchanges
Address
Near Vaishnav Devi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Green Energy Ltd is engaged in Power Generation and Construction Contracts. It builds, owns, and operates power plants powered by renewable sources of energy like solar and wind. The company derives its income from Power Supply.

Adani Green Energy (BOM:541450) Headlines

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