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NDR Auto Components (NSE:NDRAUTO) Inventory-to-Revenue : 0.17 (As of Mar. 2024)


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What is NDR Auto Components 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. NDR Auto Components's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹297 Mil. NDR Auto Components's Revenue for the three months ended in Mar. 2024 was ₹1,761 Mil. NDR Auto Components's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

NDR Auto Components's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.25) to Dec. 2023 (0.17)

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. NDR Auto Components's Days Inventory for the three months ended in Mar. 2024 was 19.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. NDR Auto Components's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.65.


NDR Auto Components Inventory-to-Revenue Historical Data

The historical data trend for NDR Auto Components'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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NDR Auto Components Inventory-to-Revenue Chart

NDR Auto Components Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.07 0.09 0.07 0.08 0.06

NDR Auto Components Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.31 0.22 0.25 0.17

Competitive Comparison of NDR Auto Components's Inventory-to-Revenue

For the Auto Parts subindustry, NDR Auto Components'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.


NDR Auto Components's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NDR Auto Components's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where NDR Auto Components's Inventory-to-Revenue falls into.



NDR Auto Components 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.

NDR Auto Components'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 )
=( (393.442 + 297.339) / 2 ) / 6015.701
=345.3905 / 6015.701
=0.06

NDR Auto Components's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0 + 297.339) / 1 ) / 1760.511
=297.339 / 1760.511
=0.17

* 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.


NDR Auto Components  (NSE:NDRAUTO) 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.

NDR Auto Components's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=297.339/1383.356*365 / 4
=19.61

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

NDR Auto Components's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1383.356 / 297.339
=4.65

* 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.


NDR Auto Components Inventory-to-Revenue Related Terms

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NDR Auto Components (NSE:NDRAUTO) Business Description

Traded in Other Exchanges
Address
Plot No.1, Maruti Joint Venture Complex, Gurugram, HR, IND, 122015
NDR Auto Components Ltd is a manufacturer of seat frames and seat trims for passenger and utility vehicles. The company's product range includes seat frames and trims for a four-wheeler, two-wheeler, and BIW Parts. Geographically, the company operates only in India.

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