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Party Cruisers (NSE:PARTYCRUS) Inventory-to-Revenue : 0.19 (As of Sep. 2023)


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What is Party Cruisers 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. Party Cruisers's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹37.2 Mil. Party Cruisers's Revenue for the six months ended in Sep. 2023 was ₹195.6 Mil. Party Cruisers's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.19.

Party Cruisers's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.19) to Mar. 2023 (0.19)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Party Cruisers's Days Inventory for the six months ended in Sep. 2023 was 198.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Party Cruisers's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.92.


Party Cruisers Inventory-to-Revenue Historical Data

The historical data trend for Party Cruisers'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.

Party Cruisers Inventory-to-Revenue Chart

Party Cruisers Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.01 0.04 0.21 0.25 0.13

Party Cruisers Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.37 0.52 0.19 0.19

Competitive Comparison of Party Cruisers's Inventory-to-Revenue

For the Specialty Business Services subindustry, Party Cruisers'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.


Party Cruisers's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Party Cruisers's Inventory-to-Revenue distribution charts can be found below:

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



Party Cruisers 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.

Party Cruisers'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 )
=( (49.617 + 40.275) / 2 ) / 334.812
=44.946 / 334.812
=0.13

Party Cruisers's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (40.275 + 34.08) / 2 ) / 195.572
=37.1775 / 195.572
=0.19

* 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.


Party Cruisers  (NSE:PARTYCRUS) 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.

Party Cruisers's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=37.1775/34.159*365 / 2
=198.63

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

Party Cruisers's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=34.159 / 37.1775
=0.92

* 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.


Party Cruisers Inventory-to-Revenue Related Terms

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Party Cruisers (NSE:PARTYCRUS) Business Description

Traded in Other Exchanges
N/A
Address
303/304/305 Simran Plaza, Khar 4th Road, Near Hotel Regal Enclave, Khar (West), Mumbai, MH, IND, 400 052
Party Cruisers Ltd specializes in Wedding Management and Events Management Business. The Wedding management services range from pre-wedding, during the wedding and post-wedding events like in-house designing, designation wedding event decor and others; The Event services range from planning and marketing to production and decor and others.

Party Cruisers (NSE:PARTYCRUS) Headlines

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