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Siddhika Coatings (NSE:SIDDHIKA) Inventory-to-Revenue : 0.27 (As of Mar. 2022)


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What is Siddhika Coatings 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. Siddhika Coatings's Average Total Inventories for the quarter that ended in Mar. 2022 was ₹32.2 Mil. Siddhika Coatings's Revenue for the six months ended in Mar. 2022 was ₹119.6 Mil. Siddhika Coatings's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.27.

Siddhika Coatings's Inventory-to-Revenue for the quarter that ended in Mar. 2022 declined from Sep. 2021 (0.38) to Sep. 2021 (0.27)

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. Siddhika Coatings's Days Inventory for the six months ended in Mar. 2022 was 99.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Siddhika Coatings's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.84.


Siddhika Coatings Inventory-to-Revenue Historical Data

The historical data trend for Siddhika Coatings'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.

Siddhika Coatings Inventory-to-Revenue Chart

Siddhika Coatings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.07 0.09 0.17 0.14 0.11

Siddhika Coatings Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
Inventory-to-Revenue Get a 7-Day Free Trial 0.47 0.28 0.38 0.27 -

Competitive Comparison of Siddhika Coatings's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Siddhika Coatings'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.


Siddhika Coatings's Inventory-to-Revenue Distribution in the Chemicals Industry

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

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



Siddhika Coatings 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.

Siddhika Coatings'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 )
=( (27.804 + 45.633) / 2 ) / 335.478
=36.7185 / 335.478
=0.11

Siddhika Coatings'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: Sep. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Revenue (Q: Mar. 2022 )
=( (36.539 + 27.804) / 2 ) / 119.595
=32.1715 / 119.595
=0.27

* 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.


Siddhika Coatings  (NSE:SIDDHIKA) 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.

Siddhika Coatings'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
=32.1715/59.24*365 / 2
=99.11

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

Siddhika Coatings'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 )
=59.24 / 32.1715
=1.84

* 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.


Siddhika Coatings Inventory-to-Revenue Related Terms

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Siddhika Coatings (NSE:SIDDHIKA) Business Description

Traded in Other Exchanges
N/A
Address
L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019
Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. The paints industry is mainly divided into two segments Decorative and Industrial. The decorative segment accounts for a portion of the paint industry's value, around 75%, and the industrial segment accounts for the rest 25% of the industry's value.

Siddhika Coatings (NSE:SIDDHIKA) Headlines

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