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ROX Hi-Tech (NSE:ROXHITECH) Inventory-to-Revenue : 0.15 (As of Mar. 2023)


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What is ROX Hi-Tech 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. ROX Hi-Tech's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹200 Mil. ROX Hi-Tech's Revenue for the six months ended in Mar. 2023 was ₹1,333 Mil. ROX Hi-Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.15.

ROX Hi-Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Mar. 2022 (0.10) to Mar. 2022 (0.15)

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. ROX Hi-Tech's Days Inventory for the six months ended in Mar. 2023 was 34.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. ROX Hi-Tech's Inventory Turnover for the quarter that ended in Mar. 2023 was 5.32.


ROX Hi-Tech Inventory-to-Revenue Historical Data

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech Inventory-to-Revenue Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.16 0.10 0.15

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23
Inventory-to-Revenue 0.16 0.10 0.15

Competitive Comparison of ROX Hi-Tech's Inventory-to-Revenue

For the Information Technology Services subindustry, ROX Hi-Tech'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.


ROX Hi-Tech's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, ROX Hi-Tech's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ROX Hi-Tech's Inventory-to-Revenue falls into.



ROX Hi-Tech 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.

ROX Hi-Tech'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 )
=( (99.676 + 300.596) / 2 ) / 1333.279
=200.136 / 1333.279
=0.15

ROX Hi-Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (99.676 + 300.596) / 2 ) / 1333.279
=200.136 / 1333.279
=0.15

* 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.


ROX Hi-Tech  (NSE:ROXHITECH) 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.

ROX Hi-Tech's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=200.136/1064.103*365 / 2
=34.32

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

ROX Hi-Tech's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=1064.103 / 200.136
=5.32

* 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.


ROX Hi-Tech Inventory-to-Revenue Related Terms

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ROX Hi-Tech (NSE:ROXHITECH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

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