GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Venus Pipes & Tubes Ltd (BOM:543528) » Definitions » Inventory-to-Revenue

Venus Pipes & Tubes (BOM:543528) Inventory-to-Revenue : 1.32 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Venus Pipes & Tubes 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. Venus Pipes & Tubes's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹3,050 Mil. Venus Pipes & Tubes's Revenue for the three months ended in Dec. 2024 was ₹2,313 Mil. Venus Pipes & Tubes's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.32.

Venus Pipes & Tubes's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (1.33) to Sep. 2024 (1.32)

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. Venus Pipes & Tubes's Days Inventory for the three months ended in Dec. 2024 was 179.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Venus Pipes & Tubes's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.51.


Venus Pipes & Tubes Inventory-to-Revenue Historical Data

The historical data trend for Venus Pipes & Tubes'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.

Venus Pipes & Tubes Inventory-to-Revenue Chart

Venus Pipes & Tubes Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.23 0.14 0.18 0.24 0.25

Venus Pipes & Tubes Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.93 1.09 0.94 1.33 1.32

Competitive Comparison of Venus Pipes & Tubes's Inventory-to-Revenue

For the Steel subindustry, Venus Pipes & Tubes'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.


Venus Pipes & Tubes's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Venus Pipes & Tubes's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Venus Pipes & Tubes's Inventory-to-Revenue falls into.


;
;

Venus Pipes & Tubes 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.

Venus Pipes & Tubes'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 )
=( (1669.44 + 2259.35) / 2 ) / 7847.3
=1964.395 / 7847.3
=0.25

Venus Pipes & Tubes's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (3049.95 + 0) / 1 ) / 2313.03
=3049.95 / 2313.03
=1.32

* 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.


Venus Pipes & Tubes  (BOM:543528) 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.

Venus Pipes & Tubes's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=3049.95/1553.13*365 / 4
=179.19

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

Venus Pipes & Tubes's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=1553.13 / 3049.95
=0.51

* 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.


Venus Pipes & Tubes Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Venus Pipes & Tubes's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Venus Pipes & Tubes Business Description

Traded in Other Exchanges
Address
Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201
Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

Venus Pipes & Tubes Headlines

No Headlines