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Milton Industries (NSE:MILTON) Inventory-to-Revenue : 0.33 (As of Mar. 2022)


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What is Milton Industries 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. Milton Industries's Average Total Inventories for the quarter that ended in Mar. 2022 was ₹194.3 Mil. Milton Industries's Revenue for the six months ended in Mar. 2022 was ₹590.1 Mil. Milton Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.33.

Milton Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2022 declined from Mar. 2021 (0.43) to Mar. 2021 (0.33)

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. Milton Industries's Days Inventory for the six months ended in Mar. 2022 was 87.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Milton Industries's Inventory Turnover for the quarter that ended in Mar. 2022 was 2.10.


Milton Industries Inventory-to-Revenue Historical Data

The historical data trend for Milton Industries'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.

Milton Industries Inventory-to-Revenue Chart

Milton Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.40 0.26 0.43 0.33

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.40 0.26 0.43 0.33

Competitive Comparison of Milton Industries's Inventory-to-Revenue

For the Lumber & Wood Production subindustry, Milton Industries'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.


Milton Industries's Inventory-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Milton Industries's Inventory-to-Revenue distribution charts can be found below:

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



Milton Industries 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.

Milton Industries's Inventory-to-Revenue for the fiscal year that ended in Mar. 2022 is calculated as

Inventory-to-Revenue (A: Mar. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Revenue (A: Mar. 2022 )
=( (175.303 + 213.228) / 2 ) / 590.07
=194.2655 / 590.07
=0.33

Milton Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue (Q: Mar. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Revenue (Q: Mar. 2022 )
=( (175.303 + 213.228) / 2 ) / 590.07
=194.2655 / 590.07
=0.33

* 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.


Milton Industries  (NSE:MILTON) 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.

Milton Industries's Days Inventory for the six months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=194.2655/407.182*365 / 2
=87.07

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

Milton Industries's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=407.182 / 194.2655
=2.10

* 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.


Milton Industries Inventory-to-Revenue Related Terms

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Milton Industries (NSE:MILTON) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries (NSE:MILTON) Headlines

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