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Ramco Cements (NSE:RAMCOCEM) Inventory-to-Revenue : 0.37 (As of Mar. 2024)


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What is Ramco Cements 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. Ramco Cements's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹9,835 Mil. Ramco Cements's Revenue for the three months ended in Mar. 2024 was ₹26,782 Mil. Ramco Cements's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Ramco Cements's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.50) to Dec. 2023 (0.37)

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. Ramco Cements's Days Inventory for the three months ended in Mar. 2024 was 72.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ramco Cements's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.26.


Ramco Cements Inventory-to-Revenue Historical Data

The historical data trend for Ramco Cements'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.

Ramco Cements Inventory-to-Revenue Chart

Ramco Cements 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 0.11 0.12 0.12 0.11 0.10

Ramco Cements 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 0.34 0.39 0.45 0.50 0.37

Competitive Comparison of Ramco Cements's Inventory-to-Revenue

For the Building Materials subindustry, Ramco Cements'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.


Ramco Cements's Inventory-to-Revenue Distribution in the Building Materials Industry

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

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



Ramco Cements 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.

Ramco Cements'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 )
=( (8836.1 + 9834.8) / 2 ) / 93763.5
=9335.45 / 93763.5
=0.10

Ramco Cements'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 + 9834.8) / 1 ) / 26782.4
=9834.8 / 26782.4
=0.37

* 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.


Ramco Cements  (NSE:RAMCOCEM) 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.

Ramco Cements'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
=9834.8/12389.3*365 / 4
=72.44

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

Ramco Cements'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 )
=12389.3 / 9834.8
=1.26

* 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.


Ramco Cements Inventory-to-Revenue Related Terms

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Ramco Cements (NSE:RAMCOCEM) Business Description

Traded in Other Exchanges
Address
98-A, Dr. Radhakrishnan Road, Mylapore, Chennai, TN, IND, 600 004
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.

Ramco Cements (NSE:RAMCOCEM) Headlines

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