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Accuracy Shipping (NSE:ACCURACY) Inventory-to-Revenue : 0.16 (As of Dec. 2023)


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What is Accuracy Shipping 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. Accuracy Shipping's Average Total Inventories for the quarter that ended in Dec. 2023 was ₹300 Mil. Accuracy Shipping's Revenue for the three months ended in Dec. 2023 was ₹1,875 Mil. Accuracy Shipping's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Accuracy Shipping's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.15) to Sep. 2023 (0.16)

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. Accuracy Shipping's Days Inventory for the three months ended in Dec. 2023 was 14.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Accuracy Shipping's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.17.


Accuracy Shipping Inventory-to-Revenue Historical Data

The historical data trend for Accuracy Shipping'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.

Accuracy Shipping Inventory-to-Revenue Chart

Accuracy Shipping Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.03

Accuracy Shipping Quarterly Data
Mar18 Sep18 Mar19 Sep19 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 0.13 0.18 0.22 0.15 0.16

Competitive Comparison of Accuracy Shipping's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, Accuracy Shipping'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.


Accuracy Shipping's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Accuracy Shipping's Inventory-to-Revenue distribution charts can be found below:

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



Accuracy Shipping 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.

Accuracy Shipping'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 )
=( (174.5 + 317.44) / 2 ) / 8773.4
=245.97 / 8773.4
=0.03

Accuracy Shipping'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 )
=( (299.7 + 0) / 1 ) / 1874.7
=299.7 / 1874.7
=0.16

* 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.


Accuracy Shipping  (NSE:ACCURACY) 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.

Accuracy Shipping'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
=299.7/1848.75*365 / 4
=14.79

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

Accuracy Shipping'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 )
=1848.75 / 299.7
=6.17

* 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.


Accuracy Shipping Inventory-to-Revenue Related Terms

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Accuracy Shipping (NSE:ACCURACY) Business Description

Traded in Other Exchanges
N/A
Address
Indian Oil Pump Road, ASL House, Survey No. 42, Plot No. 11, Meghpar Borichi, Near Genus Factory, Anjar, Kachchh, GJ, IND, 370110
Accuracy Shipping Ltd is a logistics service provider in India. It offers customized and ends to end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services. It offers freight services for the export and import of cargo by multiple modes of transport such as sea, road and air.

Accuracy Shipping (NSE:ACCURACY) Headlines

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