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UPL (NSE:UPL) Inventory-to-Revenue : 1.85 (As of Dec. 2023)


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What is UPL 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. UPL's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹182,460 Mil. UPL's Revenue for the three months ended in Dec. 2023 was ₹98,870 Mil. UPL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.85.

UPL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (1.79) to Sep. 2023 (1.85)

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. UPL's Days Inventory for the three months ended in Dec. 2023 was 263.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. UPL's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.35.


UPL Inventory-to-Revenue Historical Data

The historical data trend for UPL'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.

UPL Inventory-to-Revenue Chart

UPL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.24 0.23 0.25 0.26

UPL 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 1.42 0.87 1.56 1.79 1.85

Competitive Comparison of UPL's Inventory-to-Revenue

For the Agricultural Inputs subindustry, UPL'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.


UPL's Inventory-to-Revenue Distribution in the Agriculture Industry

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

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



UPL 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.

UPL'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 )
=( (130780 + 139850) / 2 ) / 531340
=135315 / 531340
=0.25

UPL'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 )
=( (182460 + 0) / 1 ) / 98870
=182460 / 98870
=1.85

* 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.


UPL  (NSE:UPL) 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.

UPL'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
=182460/63230*365 / 4
=263.32

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

UPL'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 )
=63230 / 182460
=0.35

* 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.


UPL Inventory-to-Revenue Related Terms

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UPL (NSE:UPL) Business Description

Traded in Other Exchanges
Address
UPL House, 610 B/2, Bandra Village, Off Western Express Highway, Bandra (East), Mumbai, MH, IND, 400051
UPL Ltd is a global crop protection and seed company with product sales to the agricultural industry. The Company derives revenue primarily from sale of agro-chemicals, seeds and other products. The firm's crop protection portfolio includes fungicides, herbicides, insecticides, plant growth regulators rodenticides, and specialty crop chemicals. The firm's seed products consist of nutri-feeds, seeds, and seed treatment products. UPL competes on price with the manufacture and sale of generic products. UPL generates its revenue worldwide, with sales in over 120 countries, and derives the largest share of its revenue in India. The firm sells its products through a distribution network in each region.

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