GURUFOCUS.COM » STOCK LIST » Technology » Software » Quest Softech (India) Ltd (BOM:535719) » Definitions » Inventory-to-Revenue

Quest Softech (India) (BOM:535719) Inventory-to-Revenue : 2.59 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Quest Softech (India) 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. Quest Softech (India)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₹22.39 Mil. Quest Softech (India)'s Revenue for the three months ended in Mar. 2024 was ₹8.65 Mil. Quest Softech (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.59.

Quest Softech (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (13.85) to Dec. 2023 (2.59)

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. Quest Softech (India)'s Days Inventory for the three months ended in Mar. 2024 was 229.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quest Softech (India)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.


Quest Softech (India) Inventory-to-Revenue Historical Data

The historical data trend for Quest Softech (India)'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.

Quest Softech (India) Inventory-to-Revenue Chart

Quest Softech (India) 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 - - - - 2.19

Quest Softech (India) 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 - - 96.01 13.85 2.59

Competitive Comparison of Quest Softech (India)'s Inventory-to-Revenue

For the Information Technology Services subindustry, Quest Softech (India)'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.


Quest Softech (India)'s Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Quest Softech (India)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Quest Softech (India)'s Inventory-to-Revenue falls into.



Quest Softech (India) 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.

Quest Softech (India)'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 )
=( (0 + 22.391) / 1 ) / 10.205
=22.391 / 10.205
=2.19

Quest Softech (India)'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 + 22.391) / 1 ) / 8.652
=22.391 / 8.652
=2.59

* 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.


Quest Softech (India)  (BOM:535719) 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.

Quest Softech (India)'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
=22.391/8.897*365 / 4
=229.65

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

Quest Softech (India)'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 )
=8.897 / 22.391
=0.40

* 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.


Quest Softech (India) Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Quest Softech (India)'s Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Quest Softech (India) (BOM:535719) Business Description

Traded in Other Exchanges
Address
Cabin No. 11, 7th Floor, Times Square, Andheri Workflo, Next to Sai Service, Andheri East, Mumbai, MH, IND, 400069
Quest Softech (India) Ltd is engaged in the business of Software and Hardware Consultancy services related to the preparation and maintenance of accounting, statistical, scientific or mathematical information and reports in India. The company provides data processing, systems integration services, project management, development, and execution. The Company operates in Electric vehicle charger sales and services and allied services which is the only reportable segment.

Quest Softech (India) (BOM:535719) Headlines

No Headlines