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INOX Green Energy Services (BOM:543667) Inventory-to-Revenue : 1.17 (As of Mar. 2024)


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What is INOX Green Energy Services 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. INOX Green Energy Services's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹706 Mil. INOX Green Energy Services's Revenue for the three months ended in Mar. 2024 was ₹603 Mil. INOX Green Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.17.

INOX Green Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.07) to Dec. 2023 (1.17)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. INOX Green Energy Services's Days Inventory for the three months ended in Mar. 2024 was 309.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. INOX Green Energy Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.


INOX Green Energy Services Inventory-to-Revenue Historical Data

The historical data trend for INOX Green Energy Services'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.

INOX Green Energy Services Inventory-to-Revenue Chart

INOX Green Energy Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.09 0.08 0.10 0.11 0.23

INOX Green Energy Services Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.55 1.00 1.07 1.17

Competitive Comparison of INOX Green Energy Services's Inventory-to-Revenue

For the Utilities - Renewable subindustry, INOX Green Energy Services'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.


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

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

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



INOX Green Energy Services 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.

INOX Green Energy Services'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 )
=( (309.9 + 705.9) / 2 ) / 2242.6
=507.9 / 2242.6
=0.23

INOX Green Energy Services'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 + 705.9) / 1 ) / 603.4
=705.9 / 603.4
=1.17

* 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.


INOX Green Energy Services  (BOM:543667) 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.

INOX Green Energy Services'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
=705.9/208.4*365 / 4
=309.09

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

INOX Green Energy Services'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 )
=208.4 / 705.9
=0.30

* 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.


INOX Green Energy Services Inventory-to-Revenue Related Terms

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INOX Green Energy Services (BOM:543667) Business Description

Traded in Other Exchanges
Address
Inox Towers, Plot No. 17, Sector-16A, Noida, UP, IND, 201 301
INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service providers within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and the common infrastructure facilities.

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