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Lanka Ashok Leyland (COL:ASHO.N0000) Inventory-to-Revenue : 2.05 (As of Mar. 2024)


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What is Lanka Ashok Leyland 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. Lanka Ashok Leyland's Average Total Inventories for the quarter that ended in Mar. 2024 was රු3,585 Mil. Lanka Ashok Leyland's Revenue for the three months ended in Mar. 2024 was රු1,750 Mil. Lanka Ashok Leyland's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.05.

Lanka Ashok Leyland's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.72) to Dec. 2023 (2.05)

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. Lanka Ashok Leyland's Days Inventory for the three months ended in Mar. 2024 was 257.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lanka Ashok Leyland's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.35.


Lanka Ashok Leyland Inventory-to-Revenue Historical Data

The historical data trend for Lanka Ashok Leyland'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.

Lanka Ashok Leyland Inventory-to-Revenue Chart

Lanka Ashok Leyland Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 1.45 0.54 0.80 0.59

Lanka Ashok Leyland Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.27 4.98 3.14 1.72 2.05

Competitive Comparison of Lanka Ashok Leyland's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Lanka Ashok Leyland'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.


Lanka Ashok Leyland's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lanka Ashok Leyland's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Lanka Ashok Leyland's Inventory-to-Revenue falls into.



Lanka Ashok Leyland 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.

Lanka Ashok Leyland'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 )
=( (2623.994 + 3752.742) / 2 ) / 5404.388
=3188.368 / 5404.388
=0.59

Lanka Ashok Leyland'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 )
=( (3417.163 + 3752.742) / 2 ) / 1749.566
=3584.9525 / 1749.566
=2.05

* 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.


Lanka Ashok Leyland  (COL:ASHO.N0000) 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.

Lanka Ashok Leyland'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
=3584.9525/1268.257*365 / 4
=257.93

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

Lanka Ashok Leyland'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 )
=1268.257 / 3584.9525
=0.35

* 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.


Lanka Ashok Leyland Inventory-to-Revenue Related Terms

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Lanka Ashok Leyland (COL:ASHO.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Panagoda, Homagama, Colombo, LKA
Lanka Ashok Leyland PLC is engaged in importing and marketing of Ashok Leyland buses, trucks, truck chassis, spare parts, power generators, and accessories. The company also carries out repairs and restoration of commercial vehicles including body fabrication on goods and passenger chassis. The firm builds the truck body for specific requirements and the building of driver's cabins. Besides, the firm assembles and manufactures Ashok Leyland vehicles with technical assistance from Ashok Leyland. The company solely operates in Sri Lanka.

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