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Renaissance Global (NSE:RGL) Inventory-to-Revenue : 1.61 (As of Dec. 2024)


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What is Renaissance Global 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. Renaissance Global's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹11,450 Mil. Renaissance Global's Revenue for the three months ended in Dec. 2024 was ₹7,101 Mil. Renaissance Global's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.61.

Renaissance Global's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (2.78) to Sep. 2024 (1.61)

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. Renaissance Global's Days Inventory for the three months ended in Dec. 2024 was 201.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Renaissance Global's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.45.


Renaissance Global Inventory-to-Revenue Historical Data

The historical data trend for Renaissance Global'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.

Renaissance Global Inventory-to-Revenue Chart

Renaissance Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.41 0.41 0.40 0.44

Renaissance Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only 1.57 1.81 2.18 2.78 1.61

Competitive Comparison of Renaissance Global's Inventory-to-Revenue

For the Luxury Goods subindustry, Renaissance Global'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.


Renaissance Global's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Inventory-to-Revenue distribution charts can be found below:

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


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Renaissance Global 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.

Renaissance Global'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 )
=( (8615.238 + 9691.158) / 2 ) / 21048.474
=9153.198 / 21048.474
=0.43

Renaissance Global's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (11450.464 + 0) / 1 ) / 7101.494
=11450.464 / 7101.494
=1.61

* 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.


Renaissance Global  (NSE:RGL) 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.

Renaissance Global's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=11450.464/5179.575*365 / 4
=201.73

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

Renaissance Global's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=5179.575 / 11450.464
=0.45

* 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.


Renaissance Global Inventory-to-Revenue Related Terms

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Renaissance Global Business Description

Traded in Other Exchanges
Address
Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.

Renaissance Global Headlines

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