Chennai Meenakshi Multispeciality Hospital (BOM:523489) Inventory-to-Revenue : 0.05 (As of Dec. 2023)

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What is Chennai Meenakshi Multispeciality Hospital 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. Chennai Meenakshi Multispeciality Hospital's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹4.0 Mil. Chennai Meenakshi Multispeciality Hospital's Revenue for the three months ended in Dec. 2023 was ₹76.7 Mil. Chennai Meenakshi Multispeciality Hospital's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Chennai Meenakshi Multispeciality Hospital's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.06) to Sep. 2023 (0.05)

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. Chennai Meenakshi Multispeciality Hospital's Days Inventory for the three months ended in Dec. 2023 was 21.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chennai Meenakshi Multispeciality Hospital's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.28.

Chennai Meenakshi Multispeciality Hospital Inventory-to-Revenue Historical Data

The historical data trend for Chennai Meenakshi Multispeciality Hospital'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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Chennai Meenakshi Multispeciality Hospital Inventory-to-Revenue Chart

Chennai Meenakshi Multispeciality Hospital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

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0.03

0.02

0.01

Chennai Meenakshi Multispeciality Hospital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.06	0.06	0.07	0.06	0.05

Competitive Comparison of Chennai Meenakshi Multispeciality Hospital's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Chennai Meenakshi Multispeciality Hospital'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.

Chennai Meenakshi Multispeciality Hospital's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chennai Meenakshi Multispeciality Hospital's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Chennai Meenakshi Multispeciality Hospital's Inventory-to-Revenue falls into.

Chennai Meenakshi Multispeciality Hospital Inventory-to-Revenue Calculation

Chennai Meenakshi Multispeciality Hospital'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 )
=	( (3.965	+	4.275)	/	2 )	/	284.378
=	4.12					/	284.378
=	0.01

Chennai Meenakshi Multispeciality Hospital'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 )
=	( (4.033	+	0)	/	1 )	/	76.714
=	4.033					/	76.714
=	0.05

Chennai Meenakshi Multispeciality Hospital (BOM:523489) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Chennai Meenakshi Multispeciality Hospital'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
	=	4.033	/	17.261	*	365 / 4
	=	21.32

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

Chennai Meenakshi Multispeciality Hospital'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 )
	=	17.261	/	4.033
	=	4.28

Chennai Meenakshi Multispeciality Hospital Inventory-to-Revenue Related Terms

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Chennai Meenakshi Multispeciality Hospital (BOM:523489) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chennai Meenakshi Multispeciality Hospital Ltd (BOM:523489) » Definitions » Inventory-to-Revenue

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Address

Luz Church Road, New No. 70, Old No. 149, Mylapore, Chennai, TN, IND, 600004

Website

https://cmmh.in

Chennai Meenakshi Multispeciality Hospital Ltd is an India-based company engaged in hospital activities. It provides healthcare and pharmacy services. The hospital offers facilities like outpatient services, operation theatre, dialysis center, diagnostic services, and other facilities. It consists of departments like Cardiology Department, Casualty Department, Diagnostic Services, Intensive Care Unit, Nephrology Department, Physiotherapy Department, and others. The majority of the revenue is derived from providing inpatient and outpatient facilities.

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