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Safko Spinning Mills (DHA:SAFKOSPINN) Inventory-to-Revenue : 28.28 (As of Dec. 2023)


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What is Safko Spinning Mills 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. Safko Spinning Mills's Average Total Inventories for the quarter that ended in Dec. 2023 was BDT317.5 Mil. Safko Spinning Mills's Revenue for the three months ended in Dec. 2023 was BDT11.2 Mil. Safko Spinning Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 28.28.

Safko Spinning Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (15.19) to Sep. 2023 (28.28)

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. Safko Spinning Mills's Days Inventory for the three months ended in Dec. 2023 was 381.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safko Spinning Mills's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.24.


Safko Spinning Mills Inventory-to-Revenue Historical Data

The historical data trend for Safko Spinning Mills'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.

Safko Spinning Mills Inventory-to-Revenue Chart

Safko Spinning Mills Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 1.08 0.71 0.56 0.91

Safko Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.53 5.13 3.76 15.19 28.28

Competitive Comparison of Safko Spinning Mills's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Safko Spinning Mills'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.


Safko Spinning Mills's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safko Spinning Mills's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Safko Spinning Mills's Inventory-to-Revenue falls into.



Safko Spinning Mills 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.

Safko Spinning Mills's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (382.794 + 366.863) / 2 ) / 411.63
=374.8285 / 411.63
=0.91

Safko Spinning Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (345.863 + 289.209) / 2 ) / 11.228
=317.536 / 11.228
=28.28

* 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.


Safko Spinning Mills  (DHA:SAFKOSPINN) 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.

Safko Spinning Mills's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=317.536/75.915*365 / 4
=381.68

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

Safko Spinning Mills's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=75.915 / 317.536
=0.24

* 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.


Safko Spinning Mills Inventory-to-Revenue Related Terms

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Safko Spinning Mills (DHA:SAFKOSPINN) Business Description

Traded in Other Exchanges
N/A
Address
House No. 10, Road No. 1, Bloack B (6th Floor), Niketon, Gulshan, Dhaka, BGD, 1212
Safko Spinning Mills Ltd is Bangladesh based company engages in producing various type of yarn. The company's business operation is involved in manufacturing cotton yarn, polyester, cotton blended yarn, synthetic yarn, and other yarns for sale and export purposes. It produces cotton and polyester yarns for the domestic and export market.

Safko Spinning Mills (DHA:SAFKOSPINN) Headlines

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