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Swastik Pipe (NSE:SWASTIK) Inventory-to-Revenue : 0.11 (As of Mar. 2023)


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What is Swastik Pipe 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. Swastik Pipe's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹742 Mil. Swastik Pipe's Revenue for the six months ended in Mar. 2023 was ₹7,036 Mil. Swastik Pipe's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.11.

Swastik Pipe's Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Mar. 2022 (0.11) to Mar. 2022 (0.11)

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. Swastik Pipe's Days Inventory for the six months ended in Mar. 2023 was 21.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Swastik Pipe's Inventory Turnover for the quarter that ended in Mar. 2023 was 8.46.


Swastik Pipe Inventory-to-Revenue Historical Data

The historical data trend for Swastik Pipe'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.

Swastik Pipe Inventory-to-Revenue Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
0.14 0.16 0.11 0.11

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue 0.14 0.16 0.11 0.11

Competitive Comparison of Swastik Pipe's Inventory-to-Revenue

For the Steel subindustry, Swastik Pipe'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.


Swastik Pipe's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Swastik Pipe's Inventory-to-Revenue distribution charts can be found below:

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



Swastik Pipe 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.

Swastik Pipe'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 )
=( (694.333 + 789.647) / 2 ) / 7035.883
=741.99 / 7035.883
=0.11

Swastik Pipe'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 )
=( (694.333 + 789.647) / 2 ) / 7035.883
=741.99 / 7035.883
=0.11

* 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.


Swastik Pipe  (NSE:SWASTIK) 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.

Swastik Pipe'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
=741.99/6280.302*365 / 2
=21.56

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

Swastik Pipe'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 )
=6280.302 / 741.99
=8.46

* 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.


Swastik Pipe Inventory-to-Revenue Related Terms

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Swastik Pipe (NSE:SWASTIK) Business Description

Traded in Other Exchanges
N/A
Address
2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026
Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

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