SRF (NSE:SRF) Inventory-to-Revenue : 0.66 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is SRF 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. SRF's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹23,265 Mil. SRF's Revenue for the three months ended in Mar. 2024 was ₹35,059 Mil. SRF's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

SRF's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.77) to Dec. 2023 (0.66)

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. SRF's Days Inventory for the three months ended in Mar. 2024 was 110.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. SRF's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.83.

SRF Inventory-to-Revenue Historical Data

The historical data trend for SRF'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.

SRF Inventory-to-Revenue Chart

SRF Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory-to-Revenue

Get a 7-Day Free Trial

0.17

0.16

0.15

0.18

SRF 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															0.61	0.69	0.73	0.77	0.66

Competitive Comparison of SRF's Inventory-to-Revenue

For the Specialty Chemicals subindustry, SRF'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.

SRF's Inventory-to-Revenue Distribution in the Chemicals Industry

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

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

SRF Inventory-to-Revenue Calculation

SRF'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 )
=	( (22742.9	+	23264.7)	/	2 )	/	129103.5
=	23003.8					/	129103.5
=	0.18

SRF'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	+	23264.7)	/	1 )	/	35059.2
=	23264.7					/	35059.2
=	0.66

SRF (NSE:SRF) 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.

SRF'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
	=	23264.7	/	19276.7	*	365 / 4
	=	110.13

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

SRF'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 )
	=	19276.7	/	23264.7
	=	0.83

SRF Inventory-to-Revenue Related Terms

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

SRF (NSE:SRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SRF Ltd (NSE:SRF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

503806:India

Address

Block - C, Sector - 45, Gurugram, HR, IND, 122 003

Website

https://www.srf.com

SRF Ltd operates in the textiles, chemical and packaging business based in India. The company generates around half of its revenue internationally and operates through four business segments. The technical textiles business offers products such as nylon tyre cords, belting fabric, coated fabrics, laminated fabric, polyester tyre cords, and industrial yarns. The chemicals business provides refrigerant gases, pharmaceuticals, and fluorochemicals. Finally, the packaging film business offers polyester films used to package food, cosmetics, healthcare, and personal products. The other segment includes coated fabric, laminated fabric, and engineering plastics. The Chemicals business segment act as a major revenue driver for the firm.