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. AB Ignitis Grupe's Average Total Inventories for the quarter that ended in Mar. 2024 was €252 Mil. AB Ignitis Grupe's Revenue for the
three
months ended in Mar. 2024 was €651 Mil.
AB Ignitis Grupe's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.
AB Ignitis Grupe's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.42) to Dec. 2023 (0.39)
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.
AB Ignitis Grupe's Days Inventory for the
three
months ended in Mar. 2024 was 56.52.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AB Ignitis Grupe's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.61.
AB Ignitis Grupe Inventory-to-Revenue Historical Data
The historical data trend for AB Ignitis Grupe'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 AB Ignitis Grupe's Inventory-to-Revenue
For the Utilities - Diversified subindustry, AB Ignitis Grupe'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.
AB Ignitis Grupe's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, AB Ignitis Grupe's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where AB Ignitis Grupe's Inventory-to-Revenue falls into.
AB Ignitis Grupe 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.
AB Ignitis Grupe'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.
AB Ignitis Grupe (FRA:IGV0) 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.
AB Ignitis Grupe'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.
AB Ignitis Grupe Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of AB Ignitis Grupe's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
AB Ignitis Grupe is a utility and renewable energy company in the Baltic region. The group's core business is focused on operating electricity and gas distribution networks. It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, construction of solar power plants for businesses and residents, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Flexible Generation segment. The vast majority of the revenue comes from the Customers & Solutions and Network segments.
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