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Castrol India (BOM:500870) Inventory-to-Revenue : 0.40 (As of Mar. 2024)


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What is Castrol 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. Castrol India's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹5,329 Mil. Castrol India's Revenue for the three months ended in Mar. 2024 was ₹13,252 Mil. Castrol India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Castrol India's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.42) to Dec. 2023 (0.40)

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. Castrol India's Days Inventory for the three months ended in Mar. 2024 was 68.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Castrol India's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.34.


Castrol India Inventory-to-Revenue Historical Data

The historical data trend for Castrol 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.

Castrol India Inventory-to-Revenue Chart

Castrol India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.11 0.10 0.11 0.11

Castrol India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.45 0.41 - 0.42 0.40

Competitive Comparison of Castrol India's Inventory-to-Revenue

For the Oil & Gas Refining & Marketing subindustry, Castrol 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.


Castrol India's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Castrol India's Inventory-to-Revenue distribution charts can be found below:

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



Castrol 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.

Castrol India's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (5344.4 + 5329.2) / 2 ) / 50538.6
=5336.8 / 50538.6
=0.11

Castrol 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 )
=( (5329.2 + 0) / 1 ) / 13252.4
=5329.2 / 13252.4
=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.


Castrol India  (BOM:500870) 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.

Castrol 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
=5329.2/7143.5*365 / 4
=68.07

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

Castrol 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 )
=7143.5 / 5329.2
=1.34

* 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.


Castrol India Inventory-to-Revenue Related Terms

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Castrol India (BOM:500870) Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, Technopolis Knowledge Park, Chakala, Andheri East, Mumbai, MH, IND, 400093
Castrol India Ltd manufactures and sells engine oil, transmission fluids, and other lubricants to the automotive industry. It sells its products under the Castrol brand. The company's reportable business segment consists of a single segment of Lubricants. The majority of all revenue comes from India.

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