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Apar Industries (NSE:APARINDS) Inventory-to-Revenue : 0.65 (As of Mar. 2024)


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What is Apar Industries 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. Apar Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹28,645 Mil. Apar Industries's Revenue for the three months ended in Mar. 2024 was ₹44,194 Mil. Apar Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Apar Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.62) to Dec. 2023 (0.65)

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. Apar Industries's Days Inventory for the three months ended in Mar. 2024 was 69.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apar Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.31.


Apar Industries Inventory-to-Revenue Historical Data

The historical data trend for Apar Industries'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.

Apar Industries Inventory-to-Revenue Chart

Apar Industries 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 0.18 0.23 0.20 0.17 0.17

Apar Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 0.65 0.64 0.65 0.62 0.65

Competitive Comparison of Apar Industries's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Apar Industries'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.


Apar Industries's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apar Industries's Inventory-to-Revenue distribution charts can be found below:

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



Apar Industries 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.

Apar Industries'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 )
=( (25756.4 + 28644.6) / 2 ) / 160451.5
=27200.5 / 160451.5
=0.17

Apar Industries'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 + 28644.6) / 1 ) / 44193.6
=28644.6 / 44193.6
=0.65

* 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.


Apar Industries  (NSE:APARINDS) 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.

Apar Industries'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
=28644.6/37393.5*365 / 4
=69.90

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

Apar Industries'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 )
=37393.5 / 28644.6
=1.31

* 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.


Apar Industries Inventory-to-Revenue Related Terms

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Apar Industries (NSE:APARINDS) Business Description

Traded in Other Exchanges
Address
Sion - Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, Chembur, Mumbai, MH, IND, 400 071
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer and Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of revenue from India. Its product categories include oils and lubricants, aluminium and alloy conductors, railway overhead conductors, electrical and telecom cables, Eni automotive lubricants and polymers.

Apar Industries (NSE:APARINDS) Headlines

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