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Paramount Speciality Forgings (NSE:PSFL) Inventory-to-Revenue : 0.34 (As of Mar. 2024)


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What is Paramount Speciality Forgings 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. Paramount Speciality Forgings's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹339.8 Mil. Paramount Speciality Forgings's Revenue for the six months ended in Mar. 2024 was ₹1,000.0 Mil. Paramount Speciality Forgings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Paramount Speciality Forgings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Mar. 2023 (0.24) to Mar. 2023 (0.34)

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. Paramount Speciality Forgings's Days Inventory for the six months ended in Mar. 2024 was 76.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paramount Speciality Forgings's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.40.


Paramount Speciality Forgings Inventory-to-Revenue Historical Data

The historical data trend for Paramount Speciality Forgings'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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Paramount Speciality Forgings Inventory-to-Revenue Chart

Paramount Speciality Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.37 0.23 0.24 0.34

Paramount Speciality Forgings Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue 0.37 0.23 0.24 0.34

Competitive Comparison of Paramount Speciality Forgings's Inventory-to-Revenue

For the Metal Fabrication subindustry, Paramount Speciality Forgings'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.


Paramount Speciality Forgings's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paramount Speciality Forgings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Paramount Speciality Forgings's Inventory-to-Revenue falls into.


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Paramount Speciality Forgings 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.

Paramount Speciality Forgings'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 )
=( (294.221 + 385.421) / 2 ) / 999.954
=339.821 / 999.954
=0.34

Paramount Speciality Forgings'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: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (294.221 + 385.421) / 2 ) / 999.954
=339.821 / 999.954
=0.34

* 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.


Paramount Speciality Forgings  (NSE:PSFL) 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.

Paramount Speciality Forgings's Days Inventory for the six 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
=339.821/814.527*365 / 2
=76.14

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

Paramount Speciality Forgings'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 )
=814.527 / 339.821
=2.40

* 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.


Paramount Speciality Forgings Inventory-to-Revenue Related Terms

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Paramount Speciality Forgings Business Description

Traded in Other Exchanges
N/A
Address
Dr. Mascarenhas Road, 3, 1, Guru Himmat Building, Anjirwadi, Mazgaon, Mumbai, MH, IND, 400010
Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufacture and provide forged components ranging in weight from 1Kg to 4 metric tons in rough or finish-machined condition. Its product are used in industry such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The Company only operates in sale of carbon steel and stainless steel flanges and fittings and other engineering goods made from steel and stainless steel goods or any other goods and merchandise.

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