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Tejnaksh Healthcare (BOM:539428) Inventory-to-Revenue : 0.24 (As of Dec. 2023)


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What is Tejnaksh Healthcare 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. Tejnaksh Healthcare's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹7.4 Mil. Tejnaksh Healthcare's Revenue for the three months ended in Dec. 2023 was ₹31.4 Mil. Tejnaksh Healthcare's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.

Tejnaksh Healthcare's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.24) to Sep. 2023 (0.24)

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. Tejnaksh Healthcare's Days Inventory for the three months ended in Dec. 2023 was 188.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tejnaksh Healthcare's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.49.


Tejnaksh Healthcare Inventory-to-Revenue Historical Data

The historical data trend for Tejnaksh Healthcare'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.

Tejnaksh Healthcare Inventory-to-Revenue Chart

Tejnaksh Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.04 0.04 0.06 0.06 0.06

Tejnaksh Healthcare 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 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 0.30 0.28 0.22 0.24 0.24

Competitive Comparison of Tejnaksh Healthcare's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Tejnaksh Healthcare'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.


Tejnaksh Healthcare's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

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

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



Tejnaksh Healthcare 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.

Tejnaksh Healthcare'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 )
=( (7.214 + 6.659) / 2 ) / 114.943
=6.9365 / 114.943
=0.06

Tejnaksh Healthcare'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 )
=( (7.375 + 0) / 1 ) / 31.359
=7.375 / 31.359
=0.24

* 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.


Tejnaksh Healthcare  (BOM:539428) 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.

Tejnaksh Healthcare'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
=7.375/3.578*365 / 4
=188.09

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

Tejnaksh Healthcare'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 )
=3.578 / 7.375
=0.49

* 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.


Tejnaksh Healthcare Inventory-to-Revenue Related Terms

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Tejnaksh Healthcare (BOM:539428) Business Description

Traded in Other Exchanges
N/A
Address
Institute of Urology, Sakri Road, Dhule, MH, IND, 424 001
Tejnaksh Healthcare Ltd is engaged in the provision of hospital and healthcare services. Geographically, it operates only in India. The Company has a single operating segment, namely health care services. The company domains include Urology Hospitals; Nephrology Hospitals; Dental Clinics; Healthcare Equipment and Research and Development. It generates maximum revenue from Operation and Surgery.

Tejnaksh Healthcare (BOM:539428) Headlines

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