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Rhetan TMT (BOM:543590) Inventory-to-Revenue : 1.14 (As of Mar. 2024)


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What is Rhetan TMT 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. Rhetan TMT's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹342.5 Mil. Rhetan TMT's Revenue for the six months ended in Mar. 2024 was ₹300.1 Mil. Rhetan TMT's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.14.

Rhetan TMT's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Sep. 2023 (0.95) to Sep. 2023 (1.14)

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. Rhetan TMT's Days Inventory for the six months ended in Mar. 2024 was 241.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rhetan TMT's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.75.


Rhetan TMT Inventory-to-Revenue Historical Data

The historical data trend for Rhetan TMT'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.

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Rhetan TMT Inventory-to-Revenue Chart

Rhetan TMT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.42 0.19 0.27 0.33 0.51

Rhetan TMT Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial 0.68 0.80 0.58 0.95 1.14

Competitive Comparison of Rhetan TMT's Inventory-to-Revenue

For the Steel subindustry, Rhetan TMT'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.


Rhetan TMT's Inventory-to-Revenue Distribution in the Steel Industry

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

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



Rhetan TMT 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.

Rhetan TMT'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 )
=( (318.674 + 343.413) / 2 ) / 647.662
=331.0435 / 647.662
=0.51

Rhetan TMT'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (341.65 + 343.413) / 2 ) / 300.053
=342.5315 / 300.053
=1.14

* 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.


Rhetan TMT  (BOM:543590) 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.

Rhetan TMT's Days Inventory for the six 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
=342.5315/258.445*365 / 2
=241.88

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

Rhetan TMT'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 )
=258.445 / 342.5315
=0.75

* 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.


Rhetan TMT Inventory-to-Revenue Related Terms

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Rhetan TMT (BOM:543590) Business Description

Traded in Other Exchanges
N/A
Address
Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

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