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JSW Steel (NSE:JSWSTEEL) Inventory-to-Revenue : 0.83 (As of Mar. 2024)


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What is JSW Steel 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. JSW Steel's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹378,150 Mil. JSW Steel's Revenue for the three months ended in Mar. 2024 was ₹456,460 Mil. JSW Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

JSW Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.82) to Dec. 2023 (0.83)

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. JSW Steel's Days Inventory for the three months ended in Mar. 2024 was 122.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. JSW Steel's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.


JSW Steel Inventory-to-Revenue Historical Data

The historical data trend for JSW Steel'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.

JSW Steel Inventory-to-Revenue Chart

JSW Steel 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 0.20 0.18 0.17 0.20 0.21

JSW Steel 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 0.72 0.79 0.77 0.82 0.83

Competitive Comparison of JSW Steel's Inventory-to-Revenue

For the Steel subindustry, JSW Steel'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.


JSW Steel's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JSW Steel's Inventory-to-Revenue distribution charts can be found below:

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



JSW Steel 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.

JSW Steel'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 )
=( (331350 + 378150) / 2 ) / 1725880
=354750 / 1725880
=0.21

JSW Steel'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 + 378150) / 1 ) / 456460
=378150 / 456460
=0.83

* 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.


JSW Steel  (NSE:JSWSTEEL) 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.

JSW Steel'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
=378150/281070*365 / 4
=122.77

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

JSW Steel'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 )
=281070 / 378150
=0.74

* 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.


JSW Steel Inventory-to-Revenue Related Terms

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JSW Steel (NSE:JSWSTEEL) Business Description

Traded in Other Exchanges
Address
JSW Centre, Bandra Kurla Complex, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400 051
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products, which account for the second-largest share of the company's steel volume, are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.

JSW Steel (NSE:JSWSTEEL) Headlines

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