Azure Power Global (Azure Power Global) Inventory-to-Revenue : 0.00 (As of Mar. 2022)

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What is Azure Power Global 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. Azure Power Global's Average Total Inventories for the quarter that ended in Mar. 2022 was $0.0 Mil. Azure Power Global's Revenue for the three months ended in Mar. 2022 was $66.1 Mil. Azure Power Global's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.

Azure Power Global's Inventory-to-Revenue for the quarter that ended in Mar. 2022 stayed the same from Dec. 2021 (0.00) to Dec. 2021 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Azure Power Global's Days Inventory for the three months ended in Mar. 2022 was 0.00.

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

Azure Power Global Inventory-to-Revenue Historical Data

The historical data trend for Azure Power Global'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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Azure Power Global Inventory-to-Revenue Chart

Azure Power Global Annual Data

Trend

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Inventory-to-Revenue

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Azure Power Global Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Mar23
Inventory-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Azure Power Global's Inventory-to-Revenue

For the Utilities - Renewable subindustry, Azure Power Global'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.

Azure Power Global's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Azure Power Global's Inventory-to-Revenue falls into.

Azure Power Global Inventory-to-Revenue Calculation

Azure Power Global'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 )
=	( (0	+	0.158)	/	1 )	/	252.205
=	0.158					/	252.205
=	0.00

Azure Power Global's Inventory-to-Revenue for the quarter that ended in Mar. 2022 is calculated as

	Inventory-to-Revenue (Q: Mar. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )	/	Revenue (Q: Mar. 2022 )
=	( (0	+	0)	/	1 )	/	66.085
=	0					/	66.085
=	0.00

Azure Power Global (OTCPK:AZREF) 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.

Azure Power Global's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	0	/	6.681	*	365 / 4
	=	0.00

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

Azure Power Global's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2022 )	/	Average Total Inventories (Q: Mar. 2022 )
	=	6.681	/	0
	=

Azure Power Global Inventory-to-Revenue Related Terms

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Azure Power Global (Azure Power Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Azure Power Global Ltd (OTCPK:AZREF) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

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Address

Saket Place, 5th Floor, Southern Park, D-II, Saket, New Delhi, IND, 110017

Website

https://www.azurepower.com

Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. The Company has a single operating and reporting segment: Sale of power.