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API Technologies (API Technologies) Inventory-to-Revenue : 1.19 (As of Feb. 2016)


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What is API 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. API Technologies's Average Total Inventories for the quarter that ended in Feb. 2016 was $64.6 Mil. API Technologies's Revenue for the three months ended in Feb. 2016 was $54.4 Mil. API Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2016 was 1.19.

API Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2016 increased from Nov. 2015 (1.12) to Nov. 2015 (1.19)

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. API Technologies's Days Inventory for the three months ended in Feb. 2016 was 145.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. API Technologies's Inventory Turnover for the quarter that ended in Feb. 2016 was 0.63.


API Technologies Inventory-to-Revenue Historical Data

The historical data trend for API 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.

API Technologies Inventory-to-Revenue Chart

API Technologies Annual Data
Trend Jan06 May07 May08 May09 May10 May11 Nov12 Nov13 Nov14 Nov15
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.19 0.24 0.25 0.26

API Technologies Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 1.11 1.14 0.98 1.12 1.19

Competitive Comparison of API Technologies's Inventory-to-Revenue

For the Semiconductors subindustry, API 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.


API Technologies's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, API Technologies's Inventory-to-Revenue distribution charts can be found below:

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



API Technologies 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.

API Technologies's Inventory-to-Revenue for the fiscal year that ended in Nov. 2015 is calculated as

Inventory-to-Revenue (A: Nov. 2015 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Nov. 2014 ) + Total Inventories (A: Nov. 2015 )) / count ) / Revenue (A: Nov. 2015 )
=( (54.718 + 65.243) / 2 ) / 232.28
=59.9805 / 232.28
=0.26

API Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2016 is calculated as

Inventory-to-Revenue (Q: Feb. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2015 ) + Total Inventories (Q: Feb. 2016 )) / count ) / Revenue (Q: Feb. 2016 )
=( (65.243 + 63.985) / 2 ) / 54.427
=64.614 / 54.427
=1.19

* 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.


API Technologies  (NAS:ATNY) 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.

API Technologies's Days Inventory for the three months ended in Feb. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2016 )/Cost of Goods Sold (Q: Feb. 2016 )*Days in Period
=64.614/40.59*365 / 4
=145.26

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

API Technologies's Inventory Turnover for the quarter that ended in Feb. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2016 ) / Average Total Inventories (Q: Feb. 2016 )
=40.59 / 64.614
=0.63

* 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.


API Technologies Inventory-to-Revenue Related Terms

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


API Technologies (API Technologies) Business Description

Traded in Other Exchanges
N/A
Address
API Technologies Corp was incorporated on February 2, 1999 under the laws of the State of Delaware under the name Rubicon Ventures Inc. On November 6, 2006, API changed its name to "API Nanotronics Corp," and subsequently changed its name to API Technologies Corp. on October 22, 2009. The Company through its three business segments-Systems, Subsystems & Components, Electronic Manufacturing Services and Secure Systems & Information Assurance. It designs, develops and manufactures systems, subsystems, RF and secure solutions, as well as provides electronics manufacturing and high-quality engineering services for technically demanding, high-reliability applications. Solutions areas include systems, subsystems and components which includes RF/microwave and microelectronics products, electromagnetics, power and systems solutions products, and sensors, Secure Systems and Information Assurance includes TEMPEST and emanation security, rugged communications products, encryption, and secure networking products and Electronics Manufacturing Services, which involves the production of circuit card assemblies, electromechanical assemblies, and box builds used in defense, industrial and commercial applications. The Company also operates several manufacturing facilities throughout North America, the United Kingdom, Mexico and China. Its customer base spans defense, aerospace, industrial, communications, medical, and government agencies, including the governments of the United States, Canada, the United Kingdom, & other countries. The Company is subject to federal contracting laws and regulations, including the U.S. Federal Acquisition Regulation (FAR) and the False Claims Act.
Executives
Robert Tavares director, officer: President and CEO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Eric F. Seeton officer: Chief Financial Officer 103 HILL STREET, SHREWSBURY MA 01545
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Kenneth J Krieg director 7111 XAVIER COURT, MCLEAN VA 22101
Matthew E Avril director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVE, WHITE PLAINS NY 10604
Claudio A Mannarino officer: Sr VP & CFO 229 COLONNADE ROAD, NEPEAN A6 K2E 7K3
Senator Investment Group Lp 10 percent owner 510 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10022
Douglas Silverman 10 percent owner C/O SENATOR INVESTMENT GROUP LP 510 MADISON AVENUE, 28TH FLOOR NEW YORK NY 10022
Bel Lazar officer: President & CEO 4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Jason Dezwirek other: Former Dir, Sec & 10% owner 2300 YONGE STREET, SUITE 1710, TORONTO A6 M4P 1E4

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