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Shree Hari Chemicals Export (BOM:524336) Inventory-to-Revenue : 0.26 (As of Mar. 2024)


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What is Shree Hari Chemicals Export 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. Shree Hari Chemicals Export's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹87 Mil. Shree Hari Chemicals Export's Revenue for the three months ended in Mar. 2024 was ₹329 Mil. Shree Hari Chemicals Export's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Shree Hari Chemicals Export's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.31) to Dec. 2023 (0.26)

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. Shree Hari Chemicals Export's Days Inventory for the three months ended in Mar. 2024 was 44.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shree Hari Chemicals Export's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.06.


Shree Hari Chemicals Export Inventory-to-Revenue Historical Data

The historical data trend for Shree Hari Chemicals Export'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.

Shree Hari Chemicals Export Inventory-to-Revenue Chart

Shree Hari Chemicals Export Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.13 0.31 0.31 0.11

Shree Hari Chemicals Export Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 0.78 0.29 0.31 0.26

Competitive Comparison of Shree Hari Chemicals Export's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Shree Hari Chemicals Export'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.


Shree Hari Chemicals Export's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shree Hari Chemicals Export's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shree Hari Chemicals Export's Inventory-to-Revenue falls into.



Shree Hari Chemicals Export 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.

Shree Hari Chemicals Export'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 )
=( (229.053 + 86.993) / 2 ) / 1383.265
=158.023 / 1383.265
=0.11

Shree Hari Chemicals Export's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0 + 86.993) / 1 ) / 329.124
=86.993 / 329.124
=0.26

* 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.


Shree Hari Chemicals Export  (BOM:524336) 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.

Shree Hari Chemicals Export's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=86.993/179.181*365 / 4
=44.30

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

Shree Hari Chemicals Export's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=179.181 / 86.993
=2.06

* 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.


Shree Hari Chemicals Export Inventory-to-Revenue Related Terms

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Shree Hari Chemicals Export (BOM:524336) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road,, 401/402, A- Wing, Oberoi Chambers, Opposite SAB TV, Andheri (West), Mumbai, MH, IND, 400 053
Shree Hari Chemicals Export Ltd is an Indian company that is a manufacturer of H-Acid. The product categories of the company are acid dyes, direct dyes, intermediate dyes, and reactive dyes. It markets its products to Singapore, Korea, Malaysia, Thailand, the United Kingdom, Canada, China, and the Far East. It operates in one segment namely the H-Acid Chemicals product.

Shree Hari Chemicals Export (BOM:524336) Headlines

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