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Clinitech Laboratory (BOM:544220) Inventory-to-Revenue : 0.08 (As of Sep. 2024)


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What is Clinitech Laboratory 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. Clinitech Laboratory's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹3.16 Mil. Clinitech Laboratory's Revenue for the six months ended in Sep. 2024 was ₹40.76 Mil. Clinitech Laboratory's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.08.

Clinitech Laboratory's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Mar. 2024 (0.07) to Mar. 2024 (0.08)

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. Clinitech Laboratory's Days Inventory for the six months ended in Sep. 2024 was 61.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clinitech Laboratory's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.96.


Clinitech Laboratory Inventory-to-Revenue Historical Data

The historical data trend for Clinitech Laboratory'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.

Clinitech Laboratory Inventory-to-Revenue Chart

Clinitech Laboratory Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.02 0.02 0.02 0.03

Clinitech Laboratory Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Inventory-to-Revenue Get a 7-Day Free Trial - - 0.06 0.07 0.08

Competitive Comparison of Clinitech Laboratory's Inventory-to-Revenue

For the Diagnostics & Research subindustry, Clinitech Laboratory'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.


Clinitech Laboratory's Inventory-to-Revenue Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Clinitech Laboratory's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Clinitech Laboratory's Inventory-to-Revenue falls into.


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Clinitech Laboratory 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.

Clinitech Laboratory'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 )
=( (1.413 + 2.841) / 2 ) / 64.03
=2.127 / 64.03
=0.03

Clinitech Laboratory's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (2.841 + 3.487) / 2 ) / 40.76
=3.164 / 40.76
=0.08

* 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.


Clinitech Laboratory  (BOM:544220) 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.

Clinitech Laboratory's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=3.164/9.365*365 / 2
=61.66

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

Clinitech Laboratory's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=9.365 / 3.164
=2.96

* 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.


Clinitech Laboratory Inventory-to-Revenue Related Terms

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Clinitech Laboratory Business Description

Traded in Other Exchanges
N/A
Address
AL-1/545 and 546, Sector 16, Opposite Radhikabai Meghe Vidyalaya, Airoli, Navi Mumbai, MH, IND, 400708
Clinitech Laboratory Ltd is e a provider of diagnostic and healthcare tests and services through chain of 8 diagnostic centers in and around Thane and Navi Mumbai. It conduct more than 150 tests such as Biochemistry tests, Immunology tests, Hematology tests, Molecular Biology tests, Serology tests, Microbiology tests, etc.

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