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Forcas Studio (NSE:FORCAS) Inventory-to-Revenue : 0.34 (As of Mar. 2023)


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What is Forcas Studio 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. Forcas Studio's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹237.1 Mil. Forcas Studio's Revenue for the six months ended in Mar. 2023 was ₹696.0 Mil. Forcas Studio's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.34.

Forcas Studio's Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Mar. 2022 (0.49) to Mar. 2022 (0.34)

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. Forcas Studio's Days Inventory for the six months ended in Mar. 2023 was 82.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forcas Studio's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.22.


Forcas Studio Inventory-to-Revenue Historical Data

The historical data trend for Forcas Studio'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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Forcas Studio Inventory-to-Revenue Chart

Forcas Studio Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.45 0.49 0.34

Forcas Studio Semi-Annual Data
Mar21 Mar22 Mar23
Inventory-to-Revenue 0.45 0.49 0.34

Competitive Comparison of Forcas Studio's Inventory-to-Revenue

For the Apparel Retail subindustry, Forcas Studio'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.


Forcas Studio's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forcas Studio's Inventory-to-Revenue distribution charts can be found below:

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


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Forcas Studio 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.

Forcas Studio'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 )
=( (293.373 + 180.884) / 2 ) / 696.046
=237.1285 / 696.046
=0.34

Forcas Studio'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 )
=( (293.373 + 180.884) / 2 ) / 696.046
=237.1285 / 696.046
=0.34

* 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.


Forcas Studio  (NSE:FORCAS) 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.

Forcas Studio'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
=237.1285/525.277*365 / 2
=82.39

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

Forcas Studio'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 )
=525.277 / 237.1285
=2.22

* 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.


Forcas Studio Inventory-to-Revenue Related Terms

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Forcas Studio Business Description

Traded in Other Exchanges
N/A
Address
Budge Budge Trunk Road, B-3 71C/161, Tara Maa Tower, Khalpole, South 24 Parganas, Thakurpur, Mahestola, WB, IND, 700 142
Forcas Studio Ltd sells men's clothing, including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company provides these products online and in bulk to customers all over India. It also offers white-labelling services for other brands, such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, and more. The company sells its products through online platforms under the brand name of FTX' Tribe and Conteno.

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