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R M Drip & Sprinklers Systems (NSE:RMDRIP) Inventory-to-Revenue : 0.89 (As of Sep. 2023)


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What is R M Drip & Sprinklers Systems 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. R M Drip & Sprinklers Systems's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹74.1 Mil. R M Drip & Sprinklers Systems's Revenue for the six months ended in Sep. 2023 was ₹83.4 Mil. R M Drip & Sprinklers Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.89.

R M Drip & Sprinklers Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.33) to Mar. 2023 (0.89)

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. R M Drip & Sprinklers Systems's Days Inventory for the six months ended in Sep. 2023 was 616.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. R M Drip & Sprinklers Systems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.30.


R M Drip & Sprinklers Systems Inventory-to-Revenue Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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.

R M Drip & Sprinklers Systems Inventory-to-Revenue Chart

R M Drip & Sprinklers Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.15 0.16 0.19 0.32

R M Drip & Sprinklers Systems Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.49 0.31 0.72 0.33 0.89

Competitive Comparison of R M Drip & Sprinklers Systems's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems'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.


R M Drip & Sprinklers Systems's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Inventory-to-Revenue falls into.



R M Drip & Sprinklers Systems 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.

R M Drip & Sprinklers Systems'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 )
=( (38.522 + 30.889) / 2 ) / 109.541
=34.7055 / 109.541
=0.32

R M Drip & Sprinklers Systems'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 )
=( (30.889 + 117.337) / 2 ) / 83.443
=74.113 / 83.443
=0.89

* 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.


R M Drip & Sprinklers Systems  (NSE:RMDRIP) 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.

R M Drip & Sprinklers Systems'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
=74.113/21.938*365 / 2
=616.54

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

R M Drip & Sprinklers Systems'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 )
=21.938 / 74.113
=0.30

* 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.


R M Drip & Sprinklers Systems Inventory-to-Revenue Related Terms

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R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113
R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

R M Drip & Sprinklers Systems (NSE:RMDRIP) Headlines

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