GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Inventory-to-Revenue

Vinyas Innovative Technologies (NSE:VINYAS) Inventory-to-Revenue : 0.47 (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Vinyas Innovative Technologies 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. Vinyas Innovative Technologies's Average Total Inventories for the quarter that ended in Mar. 2023 was ₹1,097 Mil. Vinyas Innovative Technologies's Revenue for the six months ended in Mar. 2023 was ₹2,345 Mil. Vinyas Innovative Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.47.

Vinyas Innovative Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Mar. 2022 (0.51) to Mar. 2022 (0.47)

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. Vinyas Innovative Technologies's Days Inventory for the six months ended in Mar. 2023 was 104.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vinyas Innovative Technologies's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.74.


Vinyas Innovative Technologies Inventory-to-Revenue Historical Data

The historical data trend for Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies Inventory-to-Revenue Chart

Vinyas Innovative Technologies Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.48 0.51 0.47

Vinyas Innovative Technologies Semi-Annual Data
Mar21 Mar22 Mar23
Inventory-to-Revenue 0.48 0.51 0.47

Competitive Comparison of Vinyas Innovative Technologies's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.


Vinyas Innovative Technologies's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Vinyas Innovative Technologies's Inventory-to-Revenue falls into.



Vinyas Innovative Technologies 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.

Vinyas Innovative Technologies'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 )
=( (1125.999 + 1067.991) / 2 ) / 2345.24
=1096.995 / 2345.24
=0.47

Vinyas Innovative Technologies'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 )
=( (1125.999 + 1067.991) / 2 ) / 2345.24
=1096.995 / 2345.24
=0.47

* 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.


Vinyas Innovative Technologies  (NSE:VINYAS) 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.

Vinyas Innovative Technologies'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
=1096.995/1910.957*365 / 2
=104.77

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

Vinyas Innovative Technologies'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 )
=1910.957 / 1096.995
=1.74

* 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.


Vinyas Innovative Technologies Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Vinyas Innovative Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018
Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

Vinyas Innovative Technologies (NSE:VINYAS) Headlines

No Headlines