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Aashka Hospitals (BOM:543346) Inventory-to-Revenue : 0.03 (As of Mar. 2024)


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What is Aashka Hospitals 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. Aashka Hospitals's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹3.8 Mil. Aashka Hospitals's Revenue for the six months ended in Mar. 2024 was ₹120.7 Mil. Aashka Hospitals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Aashka Hospitals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Sep. 2023 (0.04) to Sep. 2023 (0.03)

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. Aashka Hospitals's Days Inventory for the six months ended in Mar. 2024 was 49.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aashka Hospitals's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.71.


Aashka Hospitals Inventory-to-Revenue Historical Data

The historical data trend for Aashka Hospitals'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.

Aashka Hospitals Inventory-to-Revenue Chart

Aashka Hospitals Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.02 0.01 0.01 0.03 0.02

Aashka Hospitals Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.05 0.04 0.06 0.04 0.03

Competitive Comparison of Aashka Hospitals's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Aashka Hospitals'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.


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

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

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



Aashka Hospitals 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.

Aashka Hospitals'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 )
=( (0 + 3.738) / 1 ) / 228.739
=3.738 / 228.739
=0.02

Aashka Hospitals'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (3.881 + 3.738) / 2 ) / 120.719
=3.8095 / 120.719
=0.03

* 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.


Aashka Hospitals  (BOM:543346) 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.

Aashka Hospitals's Days Inventory for the six 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
=3.8095/14.122*365 / 2
=49.23

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

Aashka Hospitals'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 )
=14.122 / 3.8095
=3.71

* 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.


Aashka Hospitals Inventory-to-Revenue Related Terms

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Aashka Hospitals (BOM:543346) Business Description

Traded in Other Exchanges
N/A
Address
Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar, GJ, IND, 382421
Aashka Hospital Ltd is an integrated healthcare service provider that offers the quality of healthcare facilities including prevention, treatment, and rehabilitation. It serves a range of healthcare services such as Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more. The group also includes the operation of Multi-Disciplinary Private Hospital, Clinics, and Pharmacies.

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