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De Neers Tools (NSE:DENEERS) Inventory-to-Revenue : 0.51 (As of Mar. 2022)


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What is De Neers Tools 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. De Neers Tools's Average Total Inventories for the quarter that ended in Mar. 2022 was ₹403.5 Mil. De Neers Tools's Revenue for the six months ended in Mar. 2022 was ₹789.9 Mil. De Neers Tools's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.51.

De Neers Tools's Inventory-to-Revenue for the quarter that ended in Mar. 2022 increased from Mar. 2021 (0.32) to Mar. 2021 (0.51)

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. De Neers Tools's Days Inventory for the six months ended in Mar. 2022 was 113.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. De Neers Tools's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.61.


De Neers Tools Inventory-to-Revenue Historical Data

The historical data trend for De Neers Tools'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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De Neers Tools Inventory-to-Revenue Chart

De Neers Tools Annual Data
Trend Mar20 Mar21 Mar22
Inventory-to-Revenue
0.18 0.32 0.51

De Neers Tools Semi-Annual Data
Mar20 Mar21 Mar22
Inventory-to-Revenue 0.18 0.32 0.51

Competitive Comparison of De Neers Tools's Inventory-to-Revenue

For the Tools & Accessories subindustry, De Neers Tools'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.


De Neers Tools's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Neers Tools's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where De Neers Tools's Inventory-to-Revenue falls into.



De Neers Tools 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.

De Neers Tools's Inventory-to-Revenue for the fiscal year that ended in Mar. 2022 is calculated as

Inventory-to-Revenue (A: Mar. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Revenue (A: Mar. 2022 )
=( (267.521 + 539.43) / 2 ) / 789.872
=403.4755 / 789.872
=0.51

De Neers Tools's Inventory-to-Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue (Q: Mar. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Revenue (Q: Mar. 2022 )
=( (267.521 + 539.43) / 2 ) / 789.872
=403.4755 / 789.872
=0.51

* 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.


De Neers Tools  (NSE:DENEERS) 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.

De Neers Tools's Days Inventory for the six months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=403.4755/649.61*365 / 2
=113.35

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

De Neers Tools's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=649.61 / 403.4755
=1.61

* 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.


De Neers Tools Inventory-to-Revenue Related Terms

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De Neers Tools (NSE:DENEERS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092
De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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