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Bikaji Foods International (BOM:543653) Inventory-to-Revenue : 0.16 (As of Mar. 2024)


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What is Bikaji Foods International 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. Bikaji Foods International's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹821 Mil. Bikaji Foods International's Revenue for the three months ended in Mar. 2024 was ₹5,208 Mil. Bikaji Foods International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

Bikaji Foods International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.20) to Dec. 2023 (0.16)

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. Bikaji Foods International's Days Inventory for the three months ended in Mar. 2024 was 21.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bikaji Foods International's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.25.


Bikaji Foods International Inventory-to-Revenue Historical Data

The historical data trend for Bikaji Foods International'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.

Bikaji Foods International Inventory-to-Revenue Chart

Bikaji Foods International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.03 0.04 0.04 0.04 0.04

Bikaji Foods International Quarterly Data
Mar20 Mar21 Jun21 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 0.17 0.16 0.20 0.20 0.16

Competitive Comparison of Bikaji Foods International's Inventory-to-Revenue

For the Packaged Foods subindustry, Bikaji Foods International'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.


Bikaji Foods International's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bikaji Foods International's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Bikaji Foods International's Inventory-to-Revenue falls into.



Bikaji Foods International 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.

Bikaji Foods International'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 )
=( (784.195 + 821.42) / 2 ) / 22344.092
=802.8075 / 22344.092
=0.04

Bikaji Foods International'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 + 821.42) / 1 ) / 5208.259
=821.42 / 5208.259
=0.16

* 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.


Bikaji Foods International  (BOM:543653) 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.

Bikaji Foods International'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
=821.42/3487.149*365 / 4
=21.49

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

Bikaji Foods International'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 )
=3487.149 / 821.42
=4.25

* 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.


Bikaji Foods International Inventory-to-Revenue Related Terms

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Bikaji Foods International (BOM:543653) Business Description

Traded in Other Exchanges
Address
Karni Extension, RIICO Industrial Area, Plot No. E-558-561, C -569-572, E - 573-577, F-585-592, Bikaner, RJ, IND, 334 004
Bikaji Foods International Ltd is a fast-moving consumer goods (FMCG) brand with an international footprint, selling Indian snacks and sweets. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. The company has exported its products to international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific.

Bikaji Foods International (BOM:543653) Headlines

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