GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shree Cement Ltd (NSE:SHREECEM) » Definitions » Inventory-to-Revenue

Shree Cement (NSE:SHREECEM) Inventory-to-Revenue : 0.65 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Shree Cement 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. Shree Cement's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹35,551 Mil. Shree Cement's Revenue for the three months ended in Mar. 2024 was ₹54,328 Mil. Shree Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Shree Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.43) to Dec. 2023 (0.65)

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. Shree Cement's Days Inventory for the three months ended in Mar. 2024 was 158.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shree Cement's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.


Shree Cement Inventory-to-Revenue Historical Data

The historical data trend for Shree Cement'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.

Shree Cement Inventory-to-Revenue Chart

Shree Cement Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.14 0.15 0.15

Shree Cement 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 0.54 0.55 0.47 0.43 0.65

Competitive Comparison of Shree Cement's Inventory-to-Revenue

For the Building Materials subindustry, Shree Cement'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.


Shree Cement's Inventory-to-Revenue Distribution in the Building Materials Industry

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

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



Shree Cement 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.

Shree Cement'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 )
=( (27596.8 + 35550.7) / 2 ) / 205209.8
=31573.75 / 205209.8
=0.15

Shree Cement'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 + 35550.7) / 1 ) / 54328.1
=35550.7 / 54328.1
=0.65

* 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.


Shree Cement  (NSE:SHREECEM) 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.

Shree Cement'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
=35550.7/20466.2*365 / 4
=158.51

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

Shree Cement'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 )
=20466.2 / 35550.7
=0.58

* 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.


Shree Cement Inventory-to-Revenue Related Terms

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


Shree Cement (NSE:SHREECEM) Business Description

Traded in Other Exchanges
Address
21 Strand Road, Kolkata, WB, IND, 700 001
Shree Cement Ltd manufactures and sells cement and cement-related products to the building and construction industries. It derives revenue from Cement, Clinker and Power sales, of which Cement products contribute majorly to the revenue. The Cement products are offered under the brands Shree Jung Rodhak and Bangur, among others. Nearly all of the firm's revenue comes from India.

Shree Cement (NSE:SHREECEM) Headlines

No Headlines