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Aeron Composite (NSE:AERON) Inventory-to-Revenue : 0.12 (As of Mar. 2023)


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What is Aeron Composite 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. Aeron Composite's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹204 Mil. Aeron Composite's Revenue for the six months ended in Mar. 2023 was ₹1,777 Mil. Aeron Composite's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.12.

Aeron Composite's Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Mar. 2022 (0.15) to Mar. 2022 (0.12)

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. Aeron Composite's Days Inventory for the six months ended in Mar. 2023 was 26.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aeron Composite's Inventory Turnover for the quarter that ended in Mar. 2023 was 6.78.


Aeron Composite Inventory-to-Revenue Historical Data

The historical data trend for Aeron Composite'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.

Aeron Composite Inventory-to-Revenue Chart

Aeron Composite Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.14 0.15 0.12

Aeron Composite Semi-Annual Data
Mar21 Mar22 Mar23
Inventory-to-Revenue 0.14 0.15 0.12

Competitive Comparison of Aeron Composite's Inventory-to-Revenue

For the Conglomerates subindustry, Aeron Composite'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.


Aeron Composite's Inventory-to-Revenue Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aeron Composite's Inventory-to-Revenue distribution charts can be found below:

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



Aeron Composite 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.

Aeron Composite's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (216.954 + 191.23) / 2 ) / 1776.821
=204.092 / 1776.821
=0.11

Aeron Composite's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (216.954 + 191.23) / 2 ) / 1776.821
=204.092 / 1776.821
=0.11

* 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.


Aeron Composite  (NSE:AERON) 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.

Aeron Composite's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=204.092/1382.878*365 / 2
=26.93

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

Aeron Composite's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=1382.878 / 204.092
=6.78

* 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.


Aeron Composite Inventory-to-Revenue Related Terms

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Aeron Composite Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sarkhej Bavla Highway, Saket Industrial Estate, Plot No. 30/31, Opposite HOF Furniture, Changodar, Moraiya, GJ, IND, 382213
Aeron Composite Ltd is engaged in the business of manufacturing and supplying ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions which include conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after sales service. The company's products are used in various markets and applications such as water and waste water, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceutical, chemical, etc. Geographically, it caters to both the domestic and the international markets of which, maximum revenue is derived from its customers located outside India.

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