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TCNS Clothing Co (BOM:541700) Inventory-to-Revenue : 1.75 (As of Mar. 2024)


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What is TCNS Clothing Co 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. TCNS Clothing Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹3,704 Mil. TCNS Clothing Co's Revenue for the three months ended in Mar. 2024 was ₹2,113 Mil. TCNS Clothing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.75.

TCNS Clothing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.56) to Dec. 2023 (1.75)

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. TCNS Clothing Co's Days Inventory for the three months ended in Mar. 2024 was 162.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. TCNS Clothing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.


TCNS Clothing Co Inventory-to-Revenue Historical Data

The historical data trend for TCNS Clothing Co'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.

TCNS Clothing Co Inventory-to-Revenue Chart

TCNS Clothing Co 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 0.26 0.48 0.36 0.36 0.45

TCNS Clothing Co 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 1.84 2.03 1.93 1.56 1.75

Competitive Comparison of TCNS Clothing Co's Inventory-to-Revenue

For the Apparel Manufacturing subindustry, TCNS Clothing Co'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.


TCNS Clothing Co's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCNS Clothing Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where TCNS Clothing Co's Inventory-to-Revenue falls into.



TCNS Clothing Co 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.

TCNS Clothing Co'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 )
=( (4942.4 + 3704.25) / 2 ) / 9595.58
=4323.325 / 9595.58
=0.45

TCNS Clothing Co'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 + 3704.25) / 1 ) / 2113.21
=3704.25 / 2113.21
=1.75

* 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.


TCNS Clothing Co  (BOM:541700) 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.

TCNS Clothing Co'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
=3704.25/2082.44*365 / 4
=162.32

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

TCNS Clothing Co'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 )
=2082.44 / 3704.25
=0.56

* 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.


TCNS Clothing Co Inventory-to-Revenue Related Terms

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TCNS Clothing Co (BOM:541700) Business Description

Traded in Other Exchanges
Address
119 and 127, New Manglapuri, W House, Mandi Road, Neelagagan Towers, Sultanpur, Mehrauli, New Delhi, IND, 110030
TCNS Clothing Co Ltd is engaged in designing, manufacturing, marketing, and retailing of women's apparel. The portfolio of products includes top wear, bottom wear, drapes, combination sets, and accessories that cater to everyday wear, casual wear, workwear, and occasion wear.

TCNS Clothing Co (BOM:541700) Headlines

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