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SP Refractories (NSE:SPRL) Inventory-to-Revenue : 0.21 (As of Sep. 2023)


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What is SP Refractories 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. SP Refractories's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹29.0 Mil. SP Refractories's Revenue for the six months ended in Sep. 2023 was ₹139.4 Mil. SP Refractories's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.21.

SP Refractories's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.28) to Mar. 2023 (0.21)

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. SP Refractories's Days Inventory for the six months ended in Sep. 2023 was 52.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. SP Refractories's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.46.


SP Refractories Inventory-to-Revenue Historical Data

The historical data trend for SP Refractories'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.

SP Refractories Inventory-to-Revenue Chart

SP Refractories Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
0.07 0.06 0.05 0.06 0.10

SP Refractories Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial 0.12 0.13 0.21 0.28 0.21

Competitive Comparison of SP Refractories's Inventory-to-Revenue

For the Building Materials subindustry, SP Refractories'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.


SP Refractories's Inventory-to-Revenue Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, SP Refractories's Inventory-to-Revenue distribution charts can be found below:

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



SP Refractories 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.

SP Refractories'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 )
=( (22.996 + 30.382) / 2 ) / 272.361
=26.689 / 272.361
=0.10

SP Refractories'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 )
=( (30.382 + 27.589) / 2 ) / 139.352
=28.9855 / 139.352
=0.21

* 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.


SP Refractories  (NSE:SPRL) 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.

SP Refractories'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
=28.9855/100.308*365 / 2
=52.74

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

SP Refractories'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 )
=100.308 / 28.9855
=3.46

* 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.


SP Refractories Inventory-to-Revenue Related Terms

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SP Refractories Business Description

Traded in Other Exchanges
N/A
Address
Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016
SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The Company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.

SP Refractories Headlines

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