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TGB Banquets & Hotels (BOM:532845) Inventory-to-Revenue : 0.41 (As of Dec. 2023)


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What is TGB Banquets & Hotels 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. TGB Banquets & Hotels's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹43.7 Mil. TGB Banquets & Hotels's Revenue for the three months ended in Dec. 2023 was ₹107.8 Mil. TGB Banquets & Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

TGB Banquets & Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.50) to Sep. 2023 (0.41)

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. TGB Banquets & Hotels's Days Inventory for the three months ended in Dec. 2023 was 120.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. TGB Banquets & Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.76.


TGB Banquets & Hotels Inventory-to-Revenue Historical Data

The historical data trend for TGB Banquets & Hotels'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.

TGB Banquets & Hotels Inventory-to-Revenue Chart

TGB Banquets & Hotels 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 0.24 0.30 0.26 0.15 0.11

TGB Banquets & Hotels Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 0.47 0.41 0.52 0.50 0.41

Competitive Comparison of TGB Banquets & Hotels's Inventory-to-Revenue

For the Lodging subindustry, TGB Banquets & Hotels'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.


TGB Banquets & Hotels's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TGB Banquets & Hotels's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where TGB Banquets & Hotels's Inventory-to-Revenue falls into.



TGB Banquets & Hotels 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.

TGB Banquets & Hotels'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 )
=( (42.574 + 39.672) / 2 ) / 383.764
=41.123 / 383.764
=0.11

TGB Banquets & Hotels'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 )
=( (43.69 + 0) / 1 ) / 107.816
=43.69 / 107.816
=0.41

* 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.


TGB Banquets & Hotels  (BOM:532845) 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.

TGB Banquets & Hotels'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
=43.69/33.066*365 / 4
=120.57

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

TGB Banquets & Hotels'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 )
=33.066 / 43.69
=0.76

* 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.


TGB Banquets & Hotels Inventory-to-Revenue Related Terms

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TGB Banquets & Hotels (BOM:532845) Business Description

Traded in Other Exchanges
Address
S.G. Road, The Grand Bhagwati, Plot no. 380, Bodakdev, Ahmedabad, GJ, IND, 380054
TGB Banquets & Hotels Ltd is an Indian company engaged in the lodging business sector. The firm operates hotels, restaurants, and banquets. It operates under the brand name The Grand Bhagwati, also known as TGB in India. Other activities of the company include the provision of catering services. It derives revenue from rooms, food and beverages, and allied services relating to hotel operations.

TGB Banquets & Hotels (BOM:532845) Headlines

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