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Quality Foils (India) (NSE:QFIL) Inventory-to-Revenue : 0.19 (As of Sep. 2023)


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What is Quality Foils (India) 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. Quality Foils (India)'s Average Total Inventories for the quarter that ended in Sep. 2023 was ₹153 Mil. Quality Foils (India)'s Revenue for the six months ended in Sep. 2023 was ₹812 Mil. Quality Foils (India)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.19.

Quality Foils (India)'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. Quality Foils (India)'s Days Inventory for the six months ended in Sep. 2023 was 39.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quality Foils (India)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 4.57.


Quality Foils (India) Inventory-to-Revenue Historical Data

The historical data trend for Quality Foils (India)'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.

Quality Foils (India) Inventory-to-Revenue Chart

Quality Foils (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
0.10 0.11 0.09 0.10

Quality Foils (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial - - 0.16 0.19 0.19

Competitive Comparison of Quality Foils (India)'s Inventory-to-Revenue

For the Steel subindustry, Quality Foils (India)'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.


Quality Foils (India)'s Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Quality Foils (India)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Quality Foils (India)'s Inventory-to-Revenue falls into.



Quality Foils (India) 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.

Quality Foils (India)'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 )
=( (192.237 + 169.945) / 2 ) / 1862.963
=181.091 / 1862.963
=0.10

Quality Foils (India)'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 )
=( (169.945 + 135.368) / 2 ) / 812.006
=152.6565 / 812.006
=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.


Quality Foils (India)  (NSE:QFIL) 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.

Quality Foils (India)'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
=152.6565/697.336*365 / 2
=39.95

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

Quality Foils (India)'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 )
=697.336 / 152.6565
=4.57

* 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.


Quality Foils (India) Inventory-to-Revenue Related Terms

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Quality Foils (India) (NSE:QFIL) Business Description

Traded in Other Exchanges
N/A
Address
3, Industrial Development Colony, Hisar, HR, IND, 125005
Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

Quality Foils (India) (NSE:QFIL) Headlines

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