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Mishra Dhatu Nigam (NSE:MIDHANI) Inventory-to-Revenue : 5.35 (As of Sep. 2024)


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What is Mishra Dhatu Nigam 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. Mishra Dhatu Nigam's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹13,726 Mil. Mishra Dhatu Nigam's Revenue for the three months ended in Sep. 2024 was ₹2,564 Mil. Mishra Dhatu Nigam's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 5.35.

Mishra Dhatu Nigam's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (8.39) to Jun. 2024 (5.35)

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. Mishra Dhatu Nigam's Days Inventory for the three months ended in Sep. 2024 was 1,133.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mishra Dhatu Nigam's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.08.


Mishra Dhatu Nigam Inventory-to-Revenue Historical Data

The historical data trend for Mishra Dhatu Nigam'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.

Mishra Dhatu Nigam Inventory-to-Revenue Chart

Mishra Dhatu Nigam 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 1.00 1.05 1.10 1.33 1.18

Mishra Dhatu Nigam Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.49 6.21 3.01 8.39 5.35

Competitive Comparison of Mishra Dhatu Nigam's Inventory-to-Revenue

For the Steel subindustry, Mishra Dhatu Nigam'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.


Mishra Dhatu Nigam's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mishra Dhatu Nigam's Inventory-to-Revenue falls into.



Mishra Dhatu Nigam 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.

Mishra Dhatu Nigam'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 )
=( (12248.437 + 13097.181) / 2 ) / 10726.745
=12672.809 / 10726.745
=1.18

Mishra Dhatu Nigam's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (0 + 13726.144) / 1 ) / 2564.19
=13726.144 / 2564.19
=5.35

* 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.


Mishra Dhatu Nigam  (NSE:MIDHANI) 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.

Mishra Dhatu Nigam's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=13726.144/1105.117*365 / 4
=1,133.37

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

Mishra Dhatu Nigam's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=1105.117 / 13726.144
=0.08

* 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.


Mishra Dhatu Nigam Inventory-to-Revenue Related Terms

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Mishra Dhatu Nigam Business Description

Traded in Other Exchanges
Address
P.O. Kanchanbagh, Hyderabad, TG, IND, 500058
Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing superalloys, titanium, special purpose steel, and other special metals. Its product portfolio includes titanium and titanium alloys, special steel, fasteners, investment castings, open-die forgings, and others. Geographically, the company caters to both Indian and international markets, of which, a majority of its revenue is derived from its business in India.

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