What is Indian Card Clothing Co 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. Indian Card Clothing Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹95.7 Mil. Indian Card Clothing Co's Revenue for the
three
months ended in Jun. 2024 was ₹100.2 Mil.
Indian Card Clothing Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.96.
Indian Card Clothing Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Mar. 2024 (2.59) to Mar. 2024 (0.96)
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.
Indian Card Clothing Co's Days Inventory for the
three
months ended in Jun. 2024 was 253.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Indian Card Clothing Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.36.
Indian Card Clothing Co Inventory-to-Revenue Historical Data
The historical data trend for Indian Card Clothing Co'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.
Indian Card Clothing Co Inventory-to-Revenue Chart
Competitive Comparison of Indian Card Clothing Co's Inventory-to-Revenue
For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.
Indian Card Clothing Co's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Indian Card Clothing Co's Inventory-to-Revenue falls into.
Indian Card Clothing Co 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.
Indian Card Clothing Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Indian Card Clothing Co (NSE:INDIANCARD) 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.
Indian Card Clothing Co's Days Inventory for the
three
months ended in Jun. 2024 is calculated as:
* 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.
Indian Card Clothing Co Inventory-to-Revenue Related Terms
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Indian Card Clothing Co Ltd is a manufacturer of card clothing based in India. The company operates through two divisions: Card Clothing and Realty. It generates maximum revenue from the Card Clothing segment. Geographically, it sells its products in India and also exports them to other countries, from which the company derives a majority of its revenue from India. The company's product portfolio comprises Carding Solutions by Product Type which includes Cylinder Wires, Doffer Wires, Lickerin Wires, and Flat Tops. Carding Solutions by Material Type which includes Cotton and Synthetics, Woollen and Others, and Metallic Wires for Non-Woven and Carding solutions by application which includes Card clothing, Card room machinery, and Upgradation products.
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