What is Jindal Steel & Power 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. Jindal Steel & Power's Average Total Inventories for the quarter that ended in Jun. 2024 was ₹70,774 Mil. Jindal Steel & Power's Revenue for the
three
months ended in Jun. 2024 was ₹137,329 Mil.
Jindal Steel & Power's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.52.
Jindal Steel & Power's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Mar. 2024 (0.27) to Mar. 2024 (0.52)
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.
Jindal Steel & Power's Days Inventory for the
three
months ended in Jun. 2024 was 94.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jindal Steel & Power's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.97.
Jindal Steel & Power Inventory-to-Revenue Historical Data
The historical data trend for Jindal Steel & Power'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.
Competitive Comparison of Jindal Steel & Power's Inventory-to-Revenue
For the Steel subindustry, Jindal Steel & Power'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.
Jindal Steel & Power's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Jindal Steel & Power's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jindal Steel & Power's Inventory-to-Revenue falls into.
Jindal Steel & Power 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.
Jindal Steel & Power's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Jindal Steel & Power (BOM:532286) 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.
Jindal Steel & Power's Days Inventory for the
three
months ended in Jun. 2024 is calculated as:
* 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.
Jindal Steel & Power Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Jindal Steel & Power's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Jindal Steel & Power Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors with its presence in various countries. The iron and steel is the company's key revenue generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
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