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Thaai Casting (NSE:TCL) Inventory-to-Revenue : 0.66 (As of Sep. 2024)


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What is Thaai Casting 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. Thaai Casting's Average Total Inventories for the quarter that ended in Sep. 2024 was ₹313.6 Mil. Thaai Casting's Revenue for the six months ended in Sep. 2024 was ₹477.6 Mil. Thaai Casting's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.66.

Thaai Casting's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Mar. 2024 (0.00) to Mar. 2024 (0.66)

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. Thaai Casting's Days Inventory for the six months ended in Sep. 2024 was 219.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thaai Casting's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.83.


Thaai Casting Inventory-to-Revenue Historical Data

The historical data trend for Thaai Casting'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.

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Thaai Casting Inventory-to-Revenue Chart

Thaai Casting Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.19 0.11 0.10 0.23

Thaai Casting Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24
Inventory-to-Revenue - - - - 0.66

Competitive Comparison of Thaai Casting's Inventory-to-Revenue

For the Auto Parts subindustry, Thaai Casting'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.


Thaai Casting's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Inventory-to-Revenue distribution charts can be found below:

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


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Thaai Casting 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.

Thaai Casting'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 )
=( (45.902 + 276.585) / 2 ) / 709.614
=161.2435 / 709.614
=0.23

Thaai Casting's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (276.585 + 350.548) / 2 ) / 477.632
=313.5665 / 477.632
=0.66

* 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.


Thaai Casting  (NSE:TCL) 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.

Thaai Casting's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=313.5665/261.227*365 / 2
=219.07

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

Thaai Casting's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=261.227 / 313.5665
=0.83

* 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.


Thaai Casting Inventory-to-Revenue Related Terms

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Thaai Casting Business Description

Traded in Other Exchanges
N/A
Address
7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.

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