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Ramkrishna Forgings (NSE:RKFORGE) Inventory-to-Revenue : 1.27 (As of Dec. 2024)


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What is Ramkrishna 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. Ramkrishna Forgings's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹13,671 Mil. Ramkrishna Forgings's Revenue for the three months ended in Dec. 2024 was ₹10,738 Mil. Ramkrishna Forgings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.27.

Ramkrishna Forgings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (1.30) to Sep. 2024 (1.27)

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. Ramkrishna Forgings's Days Inventory for the three months ended in Dec. 2024 was 244.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ramkrishna Forgings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.37.


Ramkrishna Forgings Inventory-to-Revenue Historical Data

The historical data trend for Ramkrishna 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.

* Premium members only.

Ramkrishna Forgings Inventory-to-Revenue Chart

Ramkrishna Forgings 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 0.32 0.34 0.28 0.25 -

Ramkrishna Forgings 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 1.03 - - 1.30 1.27

Competitive Comparison of Ramkrishna Forgings's Inventory-to-Revenue

For the Tools & Accessories subindustry, Ramkrishna 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.


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

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

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


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Ramkrishna 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.

Ramkrishna 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 )
=( (0 + 0) / 1 ) / 35891.8
=0 / 35891.8
=0.00

Ramkrishna Forgings'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 )
=( (13670.533 + 0) / 1 ) / 10737.818
=13670.533 / 10737.818
=1.27

* 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.


Ramkrishna Forgings  (NSE:RKFORGE) 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.

Ramkrishna Forgings'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
=13670.533/5101.114*365 / 4
=244.54

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

Ramkrishna Forgings'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 )
=5101.114 / 13670.533
=0.37

* 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.


Ramkrishna Forgings Inventory-to-Revenue Related Terms

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Ramkrishna Forgings Business Description

Traded in Other Exchanges
Address
23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.

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