GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sirca Paints India Ltd (NSE:SIRCA) » Definitions » Inventory-to-Revenue

Sirca Paints India (NSE:SIRCA) Inventory-to-Revenue : 1.15 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Sirca Paints 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. Sirca Paints India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹953 Mil. Sirca Paints India's Revenue for the three months ended in Mar. 2024 was ₹826 Mil. Sirca Paints India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.15.

Sirca Paints India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.41) to Dec. 2023 (1.15)

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. Sirca Paints India's Days Inventory for the three months ended in Mar. 2024 was 188.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sirca Paints India's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.48.


Sirca Paints India Inventory-to-Revenue Historical Data

The historical data trend for Sirca Paints 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.

Sirca Paints India Inventory-to-Revenue Chart

Sirca Paints 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 0.29 0.41 0.34 0.32 0.31

Sirca Paints 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 1.47 1.38 1.22 1.41 1.15

Competitive Comparison of Sirca Paints India's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Sirca Paints 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.


Sirca Paints India's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sirca Paints India's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sirca Paints India's Inventory-to-Revenue falls into.



Sirca Paints 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.

Sirca Paints 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 )
=( (1003.597 + 953.408) / 2 ) / 3117.203
=978.5025 / 3117.203
=0.31

Sirca Paints 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 + 953.408) / 1 ) / 826.345
=953.408 / 826.345
=1.15

* 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.


Sirca Paints India  (NSE:SIRCA) 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.

Sirca Paints 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
=953.408/461.918*365 / 4
=188.34

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

Sirca Paints 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 )
=461.918 / 953.408
=0.48

* 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.


Sirca Paints India Inventory-to-Revenue Related Terms

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


Sirca Paints India (NSE:SIRCA) Business Description

Traded in Other Exchanges
Address
G-82, Kirti Nagar, New Delhi, IND, 110015
Sirca Paints India Ltd is engaged in the marketing and distribution of paints and allied products. The company's products include PU Clear Finishes, PU Pigmented Finishes, Special effects, Glass Coatings, Metal Coatings, Water Borne Coating, Stains, Leafing, Wood Filler, and others. The company operates in only one reportable business segment viz. "Wood Coating Products" and a single geographical segment Geographically, it operates only in India.

Sirca Paints India (NSE:SIRCA) Headlines

No Headlines