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Bannari Amman Spinning Mills (NSE:BASML) Inventory-to-Revenue : 1.04 (As of Dec. 2023)


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What is Bannari Amman Spinning Mills 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. Bannari Amman Spinning Mills's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹2,788 Mil. Bannari Amman Spinning Mills's Revenue for the three months ended in Dec. 2023 was ₹2,695 Mil. Bannari Amman Spinning Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.04.

Bannari Amman Spinning Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.74) to Sep. 2023 (1.04)

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. Bannari Amman Spinning Mills's Days Inventory for the three months ended in Dec. 2023 was 153.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bannari Amman Spinning Mills's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.60.


Bannari Amman Spinning Mills Inventory-to-Revenue Historical Data

The historical data trend for Bannari Amman Spinning Mills'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.

Bannari Amman Spinning Mills Inventory-to-Revenue Chart

Bannari Amman Spinning Mills Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.29 0.29 0.18 0.24

Bannari Amman Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.11 0.96 1.28 0.74 1.04

Competitive Comparison of Bannari Amman Spinning Mills's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Bannari Amman Spinning Mills'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.


Bannari Amman Spinning Mills's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bannari Amman Spinning Mills's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Bannari Amman Spinning Mills's Inventory-to-Revenue falls into.



Bannari Amman Spinning Mills 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.

Bannari Amman Spinning Mills'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 )
=( (3065.927 + 3450.443) / 2 ) / 13795.737
=3258.185 / 13795.737
=0.24

Bannari Amman Spinning Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (2788.32 + 0) / 1 ) / 2694.716
=2788.32 / 2694.716
=1.03

* 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.


Bannari Amman Spinning Mills  (NSE:BASML) 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.

Bannari Amman Spinning Mills's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2788.32/1659.861*365 / 4
=153.29

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

Bannari Amman Spinning Mills's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1659.861 / 2788.32
=0.60

* 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.


Bannari Amman Spinning Mills Inventory-to-Revenue Related Terms

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Bannari Amman Spinning Mills (NSE:BASML) Business Description

Traded in Other Exchanges
Address
252, Mettupalayam Road, Coimbatore, TN, IND, 641 043
Bannari Amman Spinning Mills Ltd is engaged in the manufacturing of grey woven fabrics, knitted fabrics, and cotton yarn. The company is also engaged in the business of processing fabrics, garments and wind power generation for captive consumption. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Processing, Garments, Home Textiles and Wind. The products offered by the company include Mercerised polos, Hoodies, Bed linen set, Baby bath towels and Baby duvet cover. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.

Bannari Amman Spinning Mills (NSE:BASML) Headlines

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