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. Fortum Oyj's Average Total Inventories for the quarter that ended in Mar. 2024 was €429 Mil. Fortum Oyj's Revenue for the
three
months ended in Mar. 2024 was €2,015 Mil.
Fortum Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.
Fortum Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.21) to Dec. 2023 (0.21)
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.
Fortum Oyj's Days Inventory for the
three
months ended in Mar. 2024 was 33.51.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fortum Oyj's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.72.
Fortum Oyj Inventory-to-Revenue Historical Data
The historical data trend for Fortum Oyj'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.
Competitive Comparison of Fortum Oyj's Inventory-to-Revenue
For the Utilities - Renewable subindustry, Fortum Oyj'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.
Fortum Oyj's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's Inventory-to-Revenue falls into.
Fortum Oyj 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.
Fortum Oyj's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Fortum Oyj's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Fortum Oyj Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Fortum Oyj's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, City Solutions, Consumer Solutions, Russia, and Other.
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