Jay Jalaram Technologies (NSE:KORE) Inventory-to-Revenue : 0.24 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Jay Jalaram Technologies 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. Jay Jalaram Technologies's Average Total Inventories for the quarter that ended in Sep. 2023 was ₹517 Mil. Jay Jalaram Technologies's Revenue for the six months ended in Sep. 2023 was ₹2,188 Mil. Jay Jalaram Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.24.

Jay Jalaram Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.27) to Mar. 2023 (0.24)

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. Jay Jalaram Technologies's Days Inventory for the six months ended in Sep. 2023 was 47.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jay Jalaram Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.84.

Jay Jalaram Technologies Inventory-to-Revenue Historical Data

The historical data trend for Jay Jalaram Technologies'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.

Jay Jalaram Technologies Inventory-to-Revenue Chart

Jay Jalaram Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

0.08

0.09

0.10

0.12

Jay Jalaram Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory-to-Revenue	Get a 7-Day Free Trial			0.19	0.22	0.19	0.27	0.24

Competitive Comparison of Jay Jalaram Technologies's Inventory-to-Revenue

For the Internet Retail subindustry, Jay Jalaram Technologies'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.

Jay Jalaram Technologies's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jay Jalaram Technologies's Inventory-to-Revenue falls into.

Jay Jalaram Technologies Inventory-to-Revenue Calculation

Jay Jalaram Technologies'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 )
=	( (183.64	+	391.839)	/	2 )	/	2358.538
=	287.7395					/	2358.538
=	0.12

Jay Jalaram Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (Q: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Revenue (Q: Sep. 2023 )
=	( (391.839	+	642.085)	/	2 )	/	2188.375
=	516.962					/	2188.375
=	0.24

Jay Jalaram Technologies (NSE:KORE) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Jay Jalaram Technologies's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	516.962	/	1986.172	*	365 / 2
	=	47.50

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

Jay Jalaram Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	1986.172	/	516.962
	=	3.84

Jay Jalaram Technologies Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Jay Jalaram Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Jay Jalaram Technologies (NSE:KORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jay Jalaram Technologies Ltd (NSE:KORE) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.koremobiles.com

Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.