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Destiny Logistics & Infra (NSE:DESTINY) Inventory-to-Revenue : 0.02 (As of Mar. 2023)


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What is Destiny Logistics & Infra 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. Destiny Logistics & Infra's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹12.4 Mil. Destiny Logistics & Infra's Revenue for the six months ended in Mar. 2023 was ₹567.2 Mil. Destiny Logistics & Infra's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.02.

Destiny Logistics & Infra's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Mar. 2022 (0.01) to Mar. 2022 (0.02)

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. Destiny Logistics & Infra's Days Inventory for the six months ended in Mar. 2023 was 4.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Destiny Logistics & Infra's Inventory Turnover for the quarter that ended in Mar. 2023 was 41.30.


Destiny Logistics & Infra Inventory-to-Revenue Historical Data

The historical data trend for Destiny Logistics & Infra'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.

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Destiny Logistics & Infra Inventory-to-Revenue Chart

Destiny Logistics & Infra Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
- - 0.04 0.01 0.02

Destiny Logistics & Infra Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue - - 0.04 0.01 0.02

Competitive Comparison of Destiny Logistics & Infra's Inventory-to-Revenue

For the Trucking subindustry, Destiny Logistics & Infra'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.


Destiny Logistics & Infra's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Destiny Logistics & Infra's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Destiny Logistics & Infra's Inventory-to-Revenue falls into.



Destiny Logistics & Infra 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.

Destiny Logistics & Infra'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 )
=( (5.122 + 19.686) / 2 ) / 567.201
=12.404 / 567.201
=0.02

Destiny Logistics & Infra'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 )
=( (5.122 + 19.686) / 2 ) / 567.201
=12.404 / 567.201
=0.02

* 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.


Destiny Logistics & Infra  (NSE:DESTINY) 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.

Destiny Logistics & Infra'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
=12.404/512.334*365 / 2
=4.42

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

Destiny Logistics & Infra'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 )
=512.334 / 12.404
=41.30

* 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.


Destiny Logistics & Infra Inventory-to-Revenue Related Terms

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Destiny Logistics & Infra Business Description

Traded in Other Exchanges
N/A
Address
ECO Centre, Block - EM-4 Sector- V, Unit No. 708, 7th Floor, Salt Lake, Kolkata, WB, IND, 700091
Destiny Logistics & Infra Ltd provide logistics, manpower and infrastructural services. It offers land-based transportation through third-party service providers. It provides a wide range of services such as packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, particularly, in the state of West Bengal. The company operates in Transport and Construction services, out of which the majority is from the Construction services.

Destiny Logistics & Infra Headlines

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